WORLD TRADE SCANNER

Online Submission of Performance Appraisal Reports

Press Note dated 15 May 2019

Japan Initiates WTO Dispute Complaint against Indian Tech Tariffs

ABS News Service/15.05.2019

Automated GST Refund for Exporters Likely from June

ABS News Service/14.05.2019

Cellphones and Laptops on Latest USTR China Tariff List, Drugs Excluded

ABS News Service/14.05.2019

Donald Trump says China will be ‘Hurt Very Badly’ if they Retaliate on Tariffs

ABS News Service/14.05.2019

Wall Street Rout Worsens as China Hits Back on Trade

ABS News Service/14.05.2019

New Delhi WTO Ministerial Meeting of Developing Countries Concludes on 14 May

ABS News Service/14.05.2019

Outcome of the WTO Ministerial Meeting of Developing Countries

·         Working Collectively to Strengthening the WTO to Promote Development and Inclusivity

ABS News Service/14.05.2019

Philippines Joins on Government Procurement at WTO as Observer

ABS News Service/10.05.2019

CBIC Organises Meeting of Regional Heads of Customs Administration of Asia Pacific Region of the World Customs Organisation (WCO) in Kochi

ABS News Service/09.05.2019

India and China Sign Protocol for Export of Indian Chilli Meal

ABS News Service/09.05.2019

Indian Business Community in Africa Interacts with Officials through Video Conference

ABS News Service/07.05.2019

Wilbur Ross, US Secy of Commerce Meets Prabhu to Discuss GSP and other Trade Issues

·    India is a Big Market for US Exports, Good Response to Business One to One Interactions Promoted by US

ABS News Service/07.05.2019

Finance Commission Meets RBI Governor

ABS News Service/07.05.2019

EU Releases Proposal on New WTO Rules for Electronic Commerce

ABS News Service/06.05.2019

India Warns WTO about EU’s Proposal for E-commerce Rules

ABS News Service/06.05.2019

GST Revenue Up to Rs. 1.14 lakh crores in April, IGST Accounts for Share of 0.55 lakh crores

·   Central Disburses States Share of SGST Refund from Balance IGST Credit with It to be Shared in 50:50 Ratio with States

ABS News Service/02.05.2019

Pre-Import Condition for Exemption of IGST Condition in Advance Authorisation Case Struck Down by Gujarat High Court

·   Pre-Import Condition not to Apply with Retrospective Effect from the date of 31 October 2017

ABS News Service/02.05.2019

Ajay Srivastava Additional DGFT Suggests 10 Customs Reforms in Business Line Article, Direct Port Delivery and Direct Port Entry Suggested

·   Total Reform of Coding, Classification and Description System Suggested

·   Simple Language to be used in Notifications

ABS News Service/02.05.2019

Trade Monitoring in WTO in Last Decade - Report

ABS News Service/02.05.2019

UN Organisations Statement on Food Safety

ABS News Service/24.04.2019

Brexit Extension to Oct Discussed in WTO

ABS News Service/24.04.2019

Online Facility for ETA for Electronic Equipments through Self-Declaration on SARAL SANCHAR Portal

·         From 1 May, No Request for Email Procedure will be Entertained

Dept of Telecommunication No. ETA-WPC/Policy/2018-19 dated 12 April 2019

New EPR Checklist

ABS News Service/20.04.2019

EU Wants Standard Equivalence with India

·    India Emerges as Net Importers of Steel

ABS News Service/18.04.2019

Exports Grow to Five Month High of 11% in March 2019

ABS News Service/17.04.2019

FIEO Happy Over Exports Hitting $331 bn this Year

ABS News Service/17.04.2019

Effective date of Ban on Solid Plastic Waste Import Extended to 31 August 2019

MoEF Office Memorandum dated 7 March 2019

Members Advance Work on New Import Licensing Website and Database

ABS News Service/09.04.2019

Service Providers can Opt for GST Composition scheme by April 30: CBIC

ABS News Service/09.04.2019

Trump Threatens New EU Tariffs on Helicopters, Motorcycles, Cheese and Wine

ABS News Service/09.04.2019

WTO Issues Mixed Decision in EU Boeing Subsidy Dispute

ABS News Service/09.04.2019

Indian Advance Pricing Agreement Regime Moves Forward with Signing of 18 APAs by CBDT in March, 2019

ABS News Service/05.04.2019

FIEO Sees Big Demand for Soya Meal in China

ABS News Service/05.04.2019

NuGen Mobility Summit 2019

ABS News Service/05.04.2019

WTO Members Consider Six Regional Trade Agreements

·   Economic Partnership Arrangement between Hong Kong, China and Macao, China

·   Chile-Thailand Free Trade Agreement

·   China-Georgia Free Trade Agreement

·  Georgia-European Free Trade Association (EFTA) Free Trade Agreement

ABS News Service/05.04.2019

WTO Members Discuss Draft Texts on Fisheries Subsidies Caps and other Approaches

ABS News Service/05.04.2019

WORLD TRADE VOLUME GROWTH TO DIP IN 2019

·   India Moves Up One Notch in World Trade Ranking of Exports, Imports of both Goods and Services

·   India Moves UP to 19th Position in World Exports Share, 10th on Import Side

·   China Shows Fall in Exports by 9% but Maintains Overall Top Position in Trade

Growth in 2018 Hit by New Tariffs, Weak Economic Growth

ABS News Service/04.04.2019

EU Launches Complaint against India on IT Products, Mobiles at WTO

·   Turkey too in the Net on Pharma

·   Consultation period of 60 days may be followed by Panel

ABS News Service/04.04.2019

Commerce to Brainstorm on Exports to China

Commerce & Industry Minister Suresh Prabhu is expected to chair the meeting scheduled on April 4.

ABS News Service/04.04.2019

GST Collections Jumped in Last Month Financial Year 2018-19

ABS News Service/02.04.2019

India Keen to Re-start Talks on Trade Package with the US

ABS News Service/29.03.2019

Cabinet Approves MoU between India and Republic of Korea on Startup Cooperation

ABS News Service/29.03.2019

India Must Support All Options to End Crisis at WTO’s Dispute settlement System, says Expert

ABS News Service/29.03.2019

Apple Dodges One Import Ban in Qualcomm Fight, Faces Another

ABS News Service/29.03.2019

Apple Escapes iPhone Import Ban in Second Qualcomm Case

ABS News Service/29.03.2019

New GST Rates on Real Estate at 1% or 5% with ITC

·      80% of Inputs must Pay GST

·      Old Rate of 12% to be Availed before 31.03.2019

PIB Delhi Press Release dated 19th March 2019

FIEO Complains to Rupee Appreciation, Asks for Forex Management to keep Rate at Rs. 70 to the Dollar

FIEO Press Release dated 18th March 2019

Exports Grow up by 2.44 percent to US$26.67bn in Feb 2019, Imports Fall

MoC&I Press Release dated 15th March 2019

Europe India Business Leaders to Meet in Brussels on 10 Apr for Post Brexit Collaborations

ABS News Service/14.03.2019

WTO Members Consider New Draft Texts in Second Cluster of Fisheries Subsidies Meetings

ABS News Service/13.03.2019

India Eases Plastic Scrap Import Ban

ABS News Service/12.03.2019

Brazil, Australia Initiate WTO Dispute Complaints against Indian Sugar Subsidies

ABS News Service/12.03.2019

U.S. Presses India to Stop Buying Oil from Venezuela's Maduro: Envoy

ABS News Service/12.03.2019

South Africa Launches Safeguard investigation on Threaded Fasteners of Iron or Steel

ABS News Service/12.03.2019

Perspectives and Priorities of LDCs must be Heard in Debate on WTO Future, DG Azevêdo

ABS News Service/12.03.2019

Water Efficiency Along with Power Efficiency Graded in Star Rating by BEE

·    Star Rating Programme Launched for Microwave Ovens and Washing Machines; expected to save over 3.0 Billion Units by 2030

·    National Energy Efficiency Strategy Plan 2031 – UNNATEE (Unlocking NATional Energy Efficiency potential) also Launched

ABS News Service/09.03.2019

Subhash Chandra Garg Appointed as Finance Secretary

ABS News Service/09.03.2019

Hank Yarn Proportion Reduced to 40 percent

ABS News Service/08.03.2019

Advanced Breaking System for Vehicles Must from April 2021

ABS News Service/08.03.2019

Generic Name and Warning on Drugs to be Displayed in Larger Type

Ministry of Health and Family Welfare G.S.R.187(E) dated 6th March 2019

Textiles Ministry Revises Additional Incentive for Garments and Made-up Sectors to Compensate for Unrebated Central Taxes and Levies

·   New Scheme named RoSCTL (Rebate of State and Central Taxes and Levies on Export of Garments and Made-ups) along with State Taxes Covered under RoSL

·   Old Scheme RoSL Discontinued from 7 March 2019

·   Reimbursement to be Streamlined by Transferable Scrip on the Lines of MEIS

·   Garments under Chapter 61 and 62 in the Drawback Schedule and Made-ups in Chapter 63 Covered

·   Rates of Rebate and Value Caps Recommended by Drawback Committee to be Notified with the Value Cap

·   Textile Commissioner Out of the Picture, DGFT to issue RoSCTL Scrip with Budget from Textiles Ministry

·   Annual Rs. 6300 crores Revenue Implication

Ministry of Textile Notification dated 7th March 2019

Hydroquinone Included in Schedule H of DCR (Drugs and Cosmetics Rules)

Ministry of Health and Family Welfare Notification G.S.R.186(E) dated 6th March 2019

Amendment in Hazardous Waste (Management & Transboundary Movement) Rules, 2016

·    Plastic Waste Import in SEZ and EOU Banned

·    Movements come to a Dead Stop at Ports since Transition Arrangements to cover Prior Commitments not Covered

·    Silk Waste Exports Exempted from MoEF Clearance

·    Mismatch between Environment Rules Removed

·    Re-import of Electronic Goods within One Year of Export Allowed without CPCB Clearance for E-waste

Ministry of Environment, Forest and Climate Change Notification dated 01.03.2019

India Mulls another Postponement of Retaliatory Duties on US

·    New Date may be 1 May instead of 1 April

ABS News Service/07.03.2019

United States to Terminate GSP for India and Turkey

ABS News Service/07.03.2019

IBBI Signs Deal with IFC for Professional Training

ABS News Service/07.03.2019

Agri Exports Transport and Marketing Assistance (TMA) Notified

·    All Agri Products from Chapter 1 to 24 Covered with exception for Meat, Sea Food, Dairy, Onions, Wheat, Rice, Lac, Sugar, Molasses, Liquor and Tobacco

·    138 countries covering West Africa, Gulf, North America, South America, Russia, ASEAN, China, Far East

·    Sea Shipments through Full Container loads only, air also allowed. Both normal and reefer containers.

·    Disbursement through Regional Offices of DGFT after payment realization through direct bank transaction for freight paid

·    Detailed procedure for scrutiny of the claims to be notified

·    Current scheme only for 13 months from 1 March 2019 to 31 March 2020

PIB Press Release dated 5th March 2019

US to be Withdrawn GSP to India will Hurt $190mn

·    India Threatens to Slap Tariff on US to be Implemented on Revised date of 1 April

ABS News Service/06.03.2019

India Shrugs Off US Move to End Preferential Trade Treatment

ABS News Service/06.03.2019

US Serves 60 days Notice on GSP Withdrawal on One Third of Indian

·   FIEO Asks for Export Incentives to Compensate Benefit

FIEO Press Release dated 5th March 2019

Adani Group’s power SEZ gets Centre’s nod post norms tweak

·   Project in Jharkhand to span 425 hectares

ABS News Service/05.03.2019

India’s MSP programme for Pulses under WTO Lens