The TRQ is a mechanism that allows import of a set quantity of specific products. Tariff quotas are used on a wide range of products but most are in the agriculture sector. Cereals, meat, fruit and vegetables, and dairy products are the most common, and sugar is also protected in most producing countries.
As per the Foreign Trade Policy (2015-20), only two months are left for claiming SEIS benefits for the year 2019-20, according to the letter dated January 21, 2021.
Michelin clarifies it is not suspending supply of four-wheeler tyres in India Updated Jan 22, 2021 | 12:21 IST
The Directorate General of Foreign Trade s move to put tyres under restricted category, which meant tyre importers now needed a license to continue importing tyres. Michelin clarifies it is not suspending supply of four-wheeler tyres in India
Remember we told you just yesterday that Michelin had put the imports of four-wheeler tyres in India on hold? From what we knew, the French tyre manufacturer s decision followed the Directorate General of Foreign Trade s move to put tyres under restricted category, which meant tyre importers, including Michelin India, now needed a license to continue importing tyres. However, the company has clarified that it has NOT suspended imports of tyres; it has, as a matter of fact, obtained a limited import license. Michelin India will use this licence to also import passenger car tyres in order to tend to the hig
India frees up import of certain room, car fresheners
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Last Updated: Jan 01, 2021, 10:20 PM IST
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Synopsis
“Imports of odoriferous preparations such as room fresheners and car fresheners that don’t operate by burning is ‘free’,” the Directorate General of Foreign Trade said in a notification.
Agencies
India imported $4.77 million worth of such preparations for deodorising rooms (excluding agarbatti) in April-October 2020, mostly from France and Malaysia. The imports in 2019-20 were $10.88 million.
New Delhi: India on Friday freed up the imports of room fresheners and car fresheners that don’t operate by burning. Their imports were restricted till now.
“Imports of odoriferous preparations such as room fresheners and car fresheners that don’t operate by burning is ‘free’,” the Directorate General of Foreign Trade said in a notification.
Decide on plea to allow cut flowers through Delhi Airport: HC tells authorities ANI | Updated: Dec 18, 2020 13:36 IST
New Delhi [India], December 18 (ANI): The Delhi High Court on Friday asked authorities concerned to treat as a representation a petition filed by a flower trade association seeking directions to allow various types of cut flowers and flower buds through the Delhi Airport.
A division bench of Chief Justice DN Patel and Justice Prateek Jalan disposed of the plea with direction to treat the plea as representation and take decision on it within eight weeks.
The Fresh Fruit Flowers and Vegetables Traders Association, through its lawyer Manohar Malik, had filed a plea seeking quashing of a notification of the Directorate General Of Foreign Trade dated July 9, 2020, which allows the import of cut flowers from Chennai airport only.