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VIKRAM VARAL

EXIM TRADE IN COMMOD... • 5m

DGFT update on Scrap Imports (May 18, 2025) 1. Pre-Shipment Inspection Agencies (PSIA): DGFT authorizes PSIA to conduct pre-shipment inspections for imported scrap materials. Agencies issue Pre-Shipment Inspection Certificates (PSIC) to ensure compliance with DGFT norms. 2. Non-Ferrous Metals Import Monitoring System (NFMIMS): Importers of specified non-ferrous metal scrap must register under NFMIMS. Online data submission is mandatory to receive a unique registration number for imports. 3. Digitized Import Policy: DGFT has digitized the import/export policy database for all HS Codes. Users can access this through the DGFT website’s Discover - feature for policy details. 4. Restricted Import Items: DGFT maintains a list of restricted imports, including: Wild animals and their parts. Specific HS Codes such as: 0105 99 00 – Other 0106 11 00 – Primates

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Let's decode the Semiconductor Industry in India : High Import Reliance: • India depends heavily on other countries for semiconductors. • Major suppliers: China, Taiwan, South Korea, and the USA. • In 2023, India imported semiconductors worth ov

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Vihang Jain

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"Indian government is facing a loss in taxes of approximately 1200–1300cr, due to beer cans." India is currently grappling with an aluminium can shortage that’s stalling beer production and costing the exchequer heavily. With an estimated shortfall