WORLD TRADE SCANNER

PM Unveils 12 Key Initiatives for MSME Support and Outreach

59 Minute Loan Portal to Enable Easy Access to Credit for MSMEs

·    Mandatory 25 percent Procurement from MSMEs by CPSEs

·    Ordinance for Simplifying Procedures for Minor Offences under Companies Act

ABS News Service/15.11.2018

Chairman CBIC Inaugurates Regional Contact Point (RCP) Three Days Meeting of Asia Pacific Region of WCO at Jaipur

·    India Assumes Vice Chair of Asia Pacific Region for WCO

·    Delegations from More than 25 Countries along with Regional Bodies of WCO Attending

ABS News Service/15.11.2018

India Secures More Time for RCEP

·    Move Postponed but Major Concessions to ASEAN + Six Accepted

ABS News Service/14.11.2018

ITU to Set Up Shop in India in Jan

ABS News Services/09.11.2018

Commerce Secy Asks China for Access to Sugar Market

·    India Participates in Import Show in Shanghai

ABS News Services/09.11.2018

India Claims Support from Three Asean Members for Freeze on RCEP at Auckland Meet

ABS News Services/09.11.2018

Precision Biotechnology Emerges as a Tool for Agricultural Innovation

ABS News Services/09.11.2018

FIEOs participation as Lead Agency for India Pavilion at the 1st China International Import Expo (CIIE) in Shanghai

ABS News Services/09.11.2018

India on the Mat at WTO for 20% Mobile Duty

·    Rectification of Bound Rate of Zero to Alters Scope of IT Commitment, says Subject Committee

·    China too Hauled up for Duty on Semiconductors

ABS News Service/03.11.2018

RFID Tag Must in UP for E-Way Bill

ABS News Service/02.11.2018

Govt Claims Good Progress in Customs on “Ease of Doing Business” Front

ABS News Service/02.11.2018

US Withdraws GSP to India on 90 Items

·    Handloom Fabrics and Hand Woven Carpets Hit Badly

ABS News Service/02.11.2018

Revised Mandatory Standard for Dry Cell Battery

·    With the publication of this revised Indian Standard, IS 9128:1999 is superseded and hence shall be withdrawn after 30 April 2019.

·    Indian Standard i.e. IS 8144:2018 covering all types of Zinc Carbon batteries of different sizes namely R03, R6, R14 and R20 from 1 May 2019 including Heavy Duty Dry Batteries released. Old IS 8144:1997 and 9128:1999 replaced.

ABS News Service/29.10.2018

WTO Negotiators Look to Lay Groundwork on Post-Brexit Food Import Quotas

ABS News Service/18.10.2018

Finance Ministers Call for Greater Cooperation on Trade, "Shared Challenges": IMF, World Bank Meetings

ABS News Service/18.10.2018

Sept Exports Down by 2.15%, Trade Deficit at 5-month low

MoC&I Press Release dated 15 October 2018

Merchandise Trade: April - September 2018 and September 2018

MoC&I Press Release dated 15 October 2018

Govt Set to Dump Direct Port Delivery Scheme

·    Freight Stations to Get a Fresh Lease of Life

ABS News Service/11.10.2018

Commerce Minister Releases Study on India-China Trade

ABS News Service/06.10.2018

SEZ Policy Review Committee Holds Final Meeting in New Delhi

ABS News Service/06.10.2018

Commerce Minister Chairs Inter-Ministerial Meeting to Promote Economic Growth

ABS News Service/05.10.2018

Geographical Indication (GI) Tag for Alphonso Mango from Konkan

ABS News Service/05.10.2018

DGFT says Comprehensive Export Strategy Finalised, Outstanding Issues Taken Up with Other Ministries

ABS News Service/04.10.2018

Agri Negotiations at WTO – Update

ABS News Service/28.09.2018

India Exports Non-basmati Rice to China for the First Time

ABS News Service/28.09.2018

Indian Steel Association Announces the First International Steel Conclave in India

ABS News Service/28.09.2018

RBI Relaxes SLR Rules to Ease Liquidity Fears

·    Banks Allowed to Use up to 15% of SLR Holdings

ABS News Service/28.09.2018

WTO Down Grades Growth in Trade in 3.9% in 2018 from 4.4%

ABS News Service/28.09.2018

Consumer Durables and Other “Non Essential” Items Hiked on 26 Sept 2018

ABS News Service/27.09.2018

Rising imports from China hit MSMEs hard: House panel

ABS News Service/26.09.2018

Auto Out of Charge without Custom Approval Allowed in Chennai Customs

Chennai Customs Brokers’ Association

Foreign Standards Accepted for Free Import of Motor Vehicles in M1 or L Category upto 2500 per Year

·    Import through Authorised Reps Must

ABS News Service/21.09.2018

Fraudulent ITC of Rs. 79.21 crs Detected in Gurugram

ABS News Service/21.09.2018

China Plans Broad Tax Cut on Tariff Next Month

ABS News Service/20.09.2018

US, China Prepare to Impose New Round of Tariffs Next Week, Targeting Billions of Dollars in Goods

ABS News Service/20.09.2018

G20 Trade Ministers Call for "Urgent" Discussions on WTO Update and Efforts to Boost Confidence in Trade

ABS News Service/20.09.2018

Suresh Prabhu Urges G-20 Members to Focus on Services for Enhancing Global Trade

MoC&I Press Release dated 18-09-2018

China Retaliates as US Slaps Tariffs

ABS News Service/19.09.2018

Govt Plans Hike in Gold Import Duty to Check Rising CAD

·    Move may Hamper Exports, say Jewellers

ABS News Service/19.09.2018

Radical Invoicing Proposal could do Away with GST Returns Chore

·    Business-to-Business (B2B) Transactions

·    ‘Distinct Invoice Number’ (DIN)

ABS News Service/19.09.2018

FIEO Concerned Over Currency Instability, Notes Up 19% in August at $27.84bn

FIEO Press Release dated 14th September 2018

Imports Up 36% in August

·    Balance of Trade Deteriorates by $9bn in August as Gold Import Doubles, Oil Up 65%, Coal 57%

Ministry of Commerce & Industry Press Release dated 14th September 2018

2500 Units Import Quota for Foreign Vehicles

·   Notification under Issue

ABS News Service/14.09.2018

EPR Authorisation not Required for Electrical and Electronic Eqpt not Listed in Sch. I of E-waste Rules, 2016

·   EPR not Required in Self Consumption Cases

·   Manufacturers Selling to EPR Producers Exempted from EPR

Central Pollution Control Board Clarification dated 13th September 2018

Trump Gets Last-Minute Earful from Business Before China Tariffs

ABS News Service/07.09.2018

India Meets ASEAN+10 Separately, Pressure Mounts on Concessions

PIB Delhi Press Release dated 1st September 2018

ASEAN Allows Self Certification on Origin of Exports and Imports

ABS News Service/07.09.2018

ASEAN Accords Digital Integration and E-commerce

ABS News Service/07.09.2018

India Pitches for Limited Partnerships in RCEP Submits “Non Paper” for Discussion in 10+6 Body

PIB Delhi Press Release dated 4th September 2018

Fourth BIMSTEC Summit Declaration, Kathmandu, Nepal (August 30-31, 2018)

ABS News Service/01.09.2018

Member Customs to Head New Working Group with DGFT

ABS News Service/01.09.2018

Zero Duty Capital Goods Imports against Employment Generation for WTO Compatibility on the Anvil

ABS News Service/21.08.2018

Livestock Exports Banned by Shipping Ministry

·      Merchant Shipping Act Misuse, Vessel Control for Safety Clause used for “Health and Security” of Sheep and Goat Exported for Id Celebration in Gulf

ABS News Service/11.08.2018

Third GST Refund Fortnight results in Rs. 3,391 Crs Outflow

ABS News Service/03.08.2018

ITC Laundering of 200 crs in Plastic Detected

ABS News Service/03.08.2018

Inland Waterways Authority of India Launches Dedicated Portal to Connect Cargo Owners and Shippers with Real Time Data on Availability of Vessels

ABS News Service/03.08.2018

FIEO Hails Increase in Limit for Courier Exports and E-commerce Exports

FIEO Press Release dated 27 July 2018

10th BRICS Summit Johannesburg Declaration

PIB Press Release dated 26 July 2018

WTO Claims Trade Restrictive Measures and Trade Facilitating Measures by Members are Compensatory

ABS News Service/26.07.2018

Govt Claims Gold Import Declined of Restriction

·    There are no figures for seizures and smuggling gold which have gone up substantially

ABS News Service/25.07.2018

India Seeks More Time to Cut Agri Subsidies

ABS News Service/25.07.2018

China Trade Policy Review Concludes, Highlighting IPRs, Industrial Policy, and Transparency

ABS News Service/21.07.2018

EU, Japan Leaders Sign Trade Deal, Look Towards 2019 for Entry into Force

ABS News Service/21.07.2018

US Files Series of WTO Cases, Targeting Responses to Steel, Aluminium Tariffs

ABS News Service/21.07.2018

Reconsider Zero Duties on E-transmission, they Hurt Poor Nations: India, South Africa tell WTO

ABS News Service/20.07.2018

India Assumes Vice Chair of Asia Pacific Region for WCO

ABS News Service/17.07.2018

SPS Meeting in Geneva on Article 8 and Annex C of Agreement

ABS News Service/17.07.2018

BRICS Trade Ministers Look to Closer Economic Ties, Issue Support for Multilateralism

ABS News Service/13.07.2018

India Gets Vice Chair of the Asia Pacific Region of WCO for Two Years

ABS News Service/16.07.2018

CGST Delhi North Commissionerate Arrests Director of a Company for Evasion of Service Tax

ABS News Service/13.07.2018

Major Steps Taken for Reducing Tax Litigations

ABS News Service/13.07.2018

Documents signed between India and the Republic of Korea during the State Visit of President of Korea to India

ABS News Service/11.07.2018

India, South Korea Set Target of Increasing Trade to $50bn by 2030

ABS News Service/11.07.2018

US Tariff on $200bn Import from China

ABS News Service/11.07.2018

India, South Korea Sign Five MoUs in Science and Technology

ABS News Service/10.07.2018

PM, Korean President, inaugurate mobile manufacturing facility in Noida

ABS News Service/10.07.2018

Samsung’s New Unit gives a Nice Ring to ‘Make in India’

ABS News Service/10.07.2018

USTR Releases Product Exclusion Process for Chinese Products Subject to Section 301 Tariffs

ABS News Service/07.07.2018

China Retaliates with Tariffs after US Begins Trade War

ABS News Service/07.07.2018

IBBI Amends Insolvency and Bankruptcy Regulations, 2016

ABS News Service/05.07.2018

New Trade Restrictions in G-20 Economies Doubles against Previous Period

ABS News Service/05.07.2019

Comprehensive Export Strategy to be Finalised Soon: Commerce Minister

ABS News Service/05.07.2018

China to Cut Import Tariffs on Soybean, other Products from India, Asia-Pacific Nations

ABS News Service/02.07.2018

India to Provide Tariff Concessions on 3,142 Items to APTA Members

ABS News Service/02.07.2018

Cabinet Approves Mechanism for Procurement of Ethanol by Public Sector Oil Marketing Companies (OMCs) to Carry Out the Ethanol Blended Petrol (EBP) Programme

·    Revision of Ethanol Price for Supply to Public Sector OMCs

Cabinet Committee on Economic Affairs (CCEA) Press Release dated 27 June 2018

Baba Kalyani Heads Group to Study SEZ Policy Holds its First Meeting in Mid-July

ABS News Services/27.06.2018

Livestock Export from Nagpur Airport to Begin This Month

ABS News Services/27.06.2018

Visa Exemption to Foreign Designers in Handicrafts Sector

ABS News Services/27.06.2018

Farmers to Pay the Price of Tariff Fight with Trump

ABS News Services/27.06.2018

Canada is Preparing Steel Quotas, Tariffs on China and Others

ABS News Services/27.06.2018

16 More Steel Products Brought under Quality Control Order Covering Overall 85-90% Steel and Steel Products

Ministry of Steel Press Release dated 24.06.2018

Government Boost to Manufacturers, Eases Import of Used Machinery

ABS News Service/25.06.2018

Krishi Kalyan Cess on Imported Coal Eligible to ITC?

·    No Clean Energy Cess Eligible to ITC under Dispute

·    Cesses can be Subsumed Only under Transitional Credit and Not ITC

ABS News Service/20.06.2018

India Claims GSP as a Matter of Right under MFN Clause of WTO

ABS News Service/20.06.2018

USTR Issues List of $50bn Chinese Products for 25% Tariff

Another List of $16bn on the Anvil

ABS News Service/20.06.2018

Exports Bounce Back Showing 20% Growth in May Over Previous Year

·    Petroleum Products, Chemicals, Pharma, Cotton and Engineering Goods Lead, Garments Fall by 12.6%

ABS New Service/19.06.2018

Prabhu Lands in US, Chats with USTR on Trump Agenda

MoC&I Press Release dated 13 June 2018

Special Refund Fortnight Extended till 16 Jun 2018

MoF Press Release dated 12 June 2018

China Gets Everything It Wanted From Trump's Meeting with Kim

ABS News Service/13.06.2018

North Korea Says Trump Agreed to Lift Sanctions after Meeting

ABS News Service/13.06.2018

Modi Woos Singapore Grants Trade Concessions in ASEAN FTA for ASEAN Membership

ABS News Service/11.06.2018

China Opens Market for Non-Basmati Rice from India in Modi Visit

ABS News Service/11.06.2018

EU Commission Outlines Potential Farm Subsidy Cuts in 2021-2027 Proposals

ABS News Service/11.06.2018

Baba Kalyani Heads Group to Study SEZ Policy

ABS New Service/06.06.2018

Commerce Minister Attends Informal Gathering of WTO in Paris

ABS New Service/06.06.2018

Macron Calls for Comprehensive WTO Reforms

ABS News Service/02.06.2018

Mexico May Retaliate in Trade War

ABS News Service/02.06.2018

Trump's Tariff Hits EU, Canada and Mexico, along with China

ABS News Service/02.06.2018

US Launches New Trade Probes into Auto Imports

ABS News Service/02.06.2018

Labelling Deficiencies in Food consignments can be Rectified in Customs Bond

No. 1-1570/FSSAI/Imports/ 2015 dated 22 May 2018

Foreign Flag Ships Allowed to Carry Transshipments Containers between Indian Ports (Cabotage)

ABS News Service/01.06.2018

Section 407 of Merchant Shipping Act Relaxed, Foreign Flag Ships can Carry Local Agri Cargo to the expenses of 50% of Total Cargo

General Order No. 1 of 2018 dated 21 May 2018

Indian Shipping Protests against Allowing Cabotage to Foreign Flag Ships

·    Indian Ports and Terminals under Death Sentence as Foreign Terminals in India Line up with Foreign Ships

General Order No. 02 of 2018 dated 22 May 2018

E-Transfer for Inspection Fees from Food Importers

·    Inspection Fees for Food Consignments

File No.1-397/FSSAI/Imports/ 2013 (Part 1) Dated 8 January 2018

Dispute Settlement Panel Set-up on India’s Subsidy Case on US Complaint

·    Nine Countries including, EU, China, Japan, Korea, Russia and Sri Lanka Implead themselves in Case as Third Party

·    Shadow Over MEIS Future, India Case on Export Subsidy under Article 4.4 of Anti-Subsidy Agreements Weak

·    Final Findings can be used by Government’s to Impose Countervailing Duty on Indian Exports, Action at WTO likely to be inconclusive since Appellate Body System under Virtual Collapse following Disputes Over Member Selection

ABS News Service/01.06.2018

Foreign Flag Ships Allowed to Carry Transshipments Containers between Indian Ports (Cabotage)

ABS News Service/01.06.2018

USTR for Zero Duty on Harley Motor Cycle, Raise Demand at Upcoming Meeting with Suresh Prabhu

ABS News Service/31.05.2018

FIEO Hopes for Growth of $350 bn in Exports in 2018-19 based on Rupee Devaluation and Revival or Demands, Rise in Petrol Prices

FIEO Press Release dated 29.05.2018

Solar Plants is Composite Service @18% GST or @5% as Independent Service

ABS News Service/31.05.2018

Going Concern Sale. – It is not Transfer of Goods – Only Supply of Service

ABS News Service/31.05.2018

India Mobilises Over 100 to Amend TRIPS, Patents to Disclose Source of Genetic Resource

·    International Conference on the TRIPS CBD Linkage 7-8 June 2018 in Geneva

ABS News Service/31.05.2018

India to Attend WTO Members Meet in Paris

ABS News Service/28.05.2018

Port Workers Union Calls for All India Strike on Monday, 30 May

ABS News Service/24.05.2018