India’s sudden export rise and less import have created the shortage for the containers. This container shortage is hurting exporters, who are trying to take advantage of economic recoveries in other countries. According to the industry experts, the waiting time...
The government of India eased the policy to export Nitrile/NBR Gloves. It revised the HS code from “prohibited” to the “restricted” category. Indian govt. had banned their exports in June’20. With the new policy, exporters will be able to...
Customs clearance delays continue to weaken the Indian industry as they have extended from the earlier 15-20 days to 25-30 days, and in some cases, clearance is taking over a month, sources told. The industry and customs brokers are noticing the poor rollout of...
The Directorate General of Foreign Trade (DGFT), the government of India has issued a revised notification on the Export Policy of PPE Kits on 29th June. As per the latest notification, Indian government has set monthly export at 50 lakh PPE medical coveralls for...
A new Bureau of Industry and Security (BIS) rule that becomes effective March 8th will impact exporters and, potentially, how forwarders in their role as AES filers report certain commodities in AES. The new BIS rule (Click Here) includes a semi-annual reporting...
Effective immediately, the Schedule B, Harmonized Tariff Schedule (HTS), and HTS Codes That Are Not Valid for AES tables have been updated to accept the changes to the January 1, 2020 codes. AES will accept shipments with outdated codes during a grace period for 30...
