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Sunday, July 29, 2018

CAIIB BFM :DGFT

  • DGFT India - Director General of Foreign Trade provides a set of guidelines and framework for importers and exporters wanting to trade in India. 
  • DGFT IEC stands for Importer Exporter Code issued by DGFT.
  • Any bonafide person/ company starting a venture for International trade requires DGFT IEC. 
  • The guidelines are set by DGFT India -Director General of Foreign Trade.
  • Presently DGFT India office is presided over by Mr. P.K. Chaudhery, Director General Of Foreign Trade. 
  • The DGFT forms can be obtained from the DGFT offices in various zones.
  • DGFT Delhi is located at IP Bhawan , New Delhi and all DGFT 
  • DGFT India Foreign Trade enables companies to acquire benefits on their imports, exports, customs, exports promotion council etc.
  • DGFT India is laying stress on the development of foreign trade in the country in the recent years. This is because foreign trade is gaining immense importance in the country by the day.
  • DGFT views this as a national priority in terms of gaining economic as well as overall growth.

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