ANNOUNCEMENT 29 Jan 2016

In January 2016, the government of India announced a general change in export conditions.

NUMBER OF INTERVENTIONS

2

  • 0 harmful
  • 0 neutral
  • 2 liberalising

SOURCE



Ministry of Commerce & Industry Notification No. 34 /2015-2020 - 29 January 2016
http://dgft.gov.in/Exim/2000/NOT/NOT15/noti3416.pdf


Inception date: 29 Jan 2016 | Removal date: open ended

Import-related non-tariff measure, nes

 On 29 January 2016, the Indian Ministry of Commerce & Industry published Notification No. 34/2015-2020 notifying a reduction in the number of documents required to be submitted by applicants to obtain an Importer-Exporter Code (IEC). This code is required for businesses if they want to engage in international trading of goods. The number of required documents, which was 8 before, has been reduced to 2 plus the digital photograph of the applicant. Further, such application can be completely made online from 1 April 2016.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A
Inception date: 29 Jan 2016 | Removal date: open ended

Export-related non-tariff measure, nes

 On 29 January 2016, the Indian Ministry of Commerce & Industry published Notification No. 34/2015-2020 notifying a reduction in the number of documents required to be submitted by applicants to obtain an Importer-Exporter Code (IEC). This code is required for businesses if they want to engage in international trading of goods. The number of required documents, which was 8 before, has been reduced to 2 plus the digital photograph of the applicant. Further, such application can be completely made online from 1 April 2016.

 
N/A
 
N/A