wheat export: Govt orders for guaranteeing strict compliance of provisions in wheat export registration course of

[ad_1]

The federal government on Tuesday stated it has ordered for bodily verifications of all paperwork to make sure strict compliance with provisions within the wheat export registration course of. The Directorate Normal of International Commerce (DGFT), beneath the commerce ministry, has directed its regional authorities to bodily confirm all paperwork of candidates for export of wheat earlier than issuing Registration Certificates (RCs).

The order has been issued to make sure that the exporters are usually not issued RCs primarily based on improper paperwork, it stated.

“To be able to plug the loophole, it has been determined that regional authorities will do a bodily verification of all Letters of Credit score, whether or not already accepted or beneath course of. Wherever essential, assist of an expert company could also be taken for such verification,” it stated.

The federal government is permitting wheat shipments for which irrevocable letters of credit score (LoC) have been issued on or earlier than Might 13, when the ban on the export of the meals grain was imposed.

The federal government has ordered “for bodily verifications of all paperwork to make sure strict compliance of provisions in wheat export registration course of,” it added.

chopraajaycpa@gmail.com
We will be happy to hear your thoughts

Leave a reply

DGFT Consultancy
Logo
Enable registration in settings - general
Compare items
  • Total (0)
Compare
0