Pakistani authorities issued a clarification addressing media reports of alleged import fraud and under-invoicing of goods imported from China, concerning discrepancies in billing and valuation. The statement responds to concerns about customs valuation irregularities in Chinese imports.
Topic Archives:Customs
Cabinet Approval of Amended Enforcement Decree of the Foreign Trade Act
South Korea’s cabinet approved an amendment to the Enforcement Decree of the Foreign Trade Act. The revision updates implementing regulations under the Foreign Trade Act, which governs export controls and trade management. Specific provisions affected would relate to export/import procedures, trade remedies, or related measures.
Thailand Advances ASEAN-South Korea FTA Upgrade Negotiations, Targeting Conclusion by 2027
Thailand participated in the 3rd Joint Committee meeting to upgrade the ASEAN-South Korea FTA, with progress on chapters covering customs procedures, trade facilitation, and competition/consumer protection. Parties aim to conclude negotiations by Thai fiscal year 2027 (BE 2570), with working groups tasked to resolve outstanding issues between sessions.
Amendment to Paragraph 4.49 of India’s Foreign Trade Policy 2023
India’s DGFT has issued Notification No. 42 amending Paragraph 4.49 of the Foreign Trade Policy 2023. The amendment relates to specific provisions within India’s current FTP framework. Exact details of the change are not available from the snippet.
India Allocates 5,841 MT Sugar Quota for EU TRQ Export 2026-27
India’s DGFT has allocated 5,841 MT of sugar for export to the European Union under a tariff-rate quota (TRQ) for the marketing year October 2026 to September 2027. This is a specific quantity allocation under the EU-India preferential trade arrangement for sugar. Exporters will need to apply for TRQ licenses through DGFT.
MOFCOM Announcement No.46 (2026): Implementation Rules for 2027 Import Tariff-Rate Quotas for Sugar, Wool, and Wool Tops
China’s Ministry of Commerce issued detailed implementation rules for 2027 tariff-rate quotas (TRQs) covering sugar, wool, and wool tops imports. The announcement specifies quota volumes, allocation procedures, and application requirements for the upcoming quota year. This directly governs market access conditions for these agricultural and textile raw material imports.
Electronic Filing and Issuance of Preferential Certificate of Origin under India-UK CETA Effective July 15, 2026
India’s DGFT announces that electronic filing and issuance of Preferential Certificates of Origin (CoO) under the India-UK Comprehensive Economic and Trade Agreement (CETA) will be operational from July 15, 2026. This enables exporters to obtain preferential tariff treatment under the FTA through the electronic CoO system. The notice marks a key implementation step for the […]
India DGFT Seeks Inputs on Proposed Amendment to FTP 2023: De Minimis Exemption from RCMC Requirements for Low-Value Exports
India’s DGFT is soliciting stakeholder inputs on a proposed amendment to paragraph 2.57 of the Foreign Trade Policy 2023, which would introduce a de minimis exemption from Registration-cum-Membership Certificate (RCMC) requirements for low-value exports. The amendment aims to reduce compliance burdens for small exporters. Stakeholder comments are being sought before finalizing the policy change.
India DGFT Automates Export Obligation Extension Process via PRC/EPCG Committee
India’s DGFT is introducing an automated facility for granting Export Obligation (EO) extensions under the EPCG scheme through the PRC/EPCG Committee, aimed at improving ease of doing business. The automation streamlines the approval process for exporters seeking extensions on their export obligations tied to capital goods imports under concessional duty. This is a procedural reform […]
Enhancements in the Pre-Shipment Inspection Agency (PSIA)/Pre-Shipment Inspection Certificate (PSIC) Process
India’s DGFT has issued Trade Notice 22 announcing enhancements to the Pre-Shipment Inspection Agency and Pre-Shipment Inspection Certificate process. This affects export certification procedures for goods requiring PSIC compliance. The changes relate to customs and export documentation requirements administered by DGFT.