Monthly Archives: January 2013

MANDATORY REGULATORY REQUIREMENTS FOR IMPORT /EXPORT OF INSECTICIDES TO INDIA

Dated 30th January 2013 International trade in India as well as domestic trade in insecticides is governed by the Insecticides Act which essentially regulates, import, manufacture, sale, transport, distribution and use of insecticides. Registration of Insecticides Any person desiring to … Continue reading

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FOOD PACKAGING STANDARDS IN INDIA

Dated 29th January 2013 Indian Standards for Food Contact and Safety IS: 9833-1981: List of pigments and colourants for use of plastics in contact with foodstuffs, pharmaceuticals and drinking water. IS: 9845-1998: Method of analysis for the determination of specific … Continue reading

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REGULATORY PROVISIONS FOR DEEMED EXPORTS IN INDIA

Dated 26th January 2013 “Deemed Exports” refer to those transactions in which goods supplied do not leave country, and payment for such supplies is received either in Indian rupees or in free foreign exchange. Supply of goods as mentioned below … Continue reading

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MARKET ACCESS INITIATIVE (MAI) SCHEME OF GOVERNMENT OF INDIA

Dated 26th January 2013 Market Access Initiatives (MAI) Scheme launched in 2007, is an Export Promotion Scheme envisaged to act as a catalyst to promote India’s export on a sustained basis. The scheme is formulated on focus product-focus country approach … Continue reading

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PRIMER ON EXPORT PROMOTION CAPITAL GOODS (EPCG) SCHEME

Dated 25th January 2013 There are two variants of the EPCG scheme (a) Zero Duty EPCG Scheme and (b) Concessional 3% Duty EPCG Scheme An application for EPCG scheme grant of an authorization may be made to RA(Regional authority of … Continue reading

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Mandatory/Important regulatory requirement of India for Exports in non Physical Form

Dated 25th January 2013 All exports made in non physical form by using communication links including high speed data communication links, internet, telephone line or any other channel which do not involve Customs authorities has to be compulsorily reported on … Continue reading

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Duty Free Import into India of R&D Equipment for Pharmaceuticals and Bio-technology Sector

Dated 25th January 2013 Duty free import of goods (as specified in list 28 of Customs notification No.21/2002 dated 1.3.2002, as amended from time to time) upto 25% of FOB value of exports during preceding licensing year, shall be allowed. … Continue reading

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