In a business corporation, there are many things involved and many things to be taken care of. One of those important things is foreign trade and investment which require a lot of analysis and strategy to make the right decision. Fortunately, Sohamma International Private Limited here is providing the best DGFT Consultant In Aurangabad to their clients in which we thoroughly examine the whole situation and provide the right solutions in a pocket-friendly way.
The Directorate General of Foreign Trade (DGFT) is the agency of the Ministry of Commerce and Industry of the Government of India responsible for administering laws regarding foreign trade and foreign investment in India.
It plays a very important role in the development of trading relations with many other nations and thus helps in improving not only economic growth but also provides a certain impetus needed in the trade industry. For promoting exports and imports DGFT establishes its regional offices across the country.
Functions
and responsibilities of DGFT:
- DGFT is
entrusted with the responsibility of implementing various policies
regarding trade for example, Foreign Trade Policy.
- DGFT is the
licensing authority for exporters, importers, and export and import
business.
- DGFT can
prohibit, restrict, and regulate exports and imports.
- DGFT has an
important role to issue Notifications, Public Notices, Circulars, etc.
- DGFT grant 10
digit IEC (Importer Exporter Code), which is a primary requirement to
Import Export
- DGFT
introduces different schemes from time to time regarding trade benefits
throughout the country.
- DGFT has
introduced ITC (HS CODE) schedule-1 for import items in India and
Schedule-2 for Export items from India.
As being the best DGFT Consultant In Aurangabad,
we are the leading company in providing accurate advice to our imports and
exports related issues or queries. We are the consultants to more than 200
Small, Medium, and Large-scale organizations. All these consultants are highly
knowledgeable and experienced so one needs not to worry about anything.
The founder of our group Ramesh ManoharChavan has gained valuable experience of more than 26 years in Indirect Taxation. Shamma is an ISO 9001-2015 certified company & registered under the MSMED Act 2006.
We
are specialized in handling the most complex of cases as our strong subject
knowledge, hands-on experience, understanding the gravity of the subject, and
out of the box thought process offers faster results to our clients.
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