What is Directorate General of Foreign Trade (DGFT) Portal

Import Export Code Registration

What is Directorate General of Foreign Trade (DGFT) Portal

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Directorate General of Foreign Trade, simply known as DGFT, is an agency of the Government of India. It plays an important role in the development and implementation of foreign policy. This agency is responsible for promotion of India’s exports. If you want to find out about what DGFT is, the role of DGFT and the DGFT portal services, you’ve come to the right page. 

DGFT full form is the Directorate General of Foreign Trade. Established in 1999, it is a government agency administered by the Ministry of Commerce and Industry. At present, Shri. Santosh Kumar Sarangi is serving as Director General, Directorate General of Foreign Trade.

DGFT Portal

DGFT Portal is run by the Ministry of Commerce and Industry. The concerned licensing authority for exporters, importers and export and import businesses in India is DGFT. Anyone that wants to export Indian goods must get the Import Export Code (IEC) from the DGFT portal as a mandatory requirement. All the laws related to foreign trade and foreign investment are administered by the DGFT. If you want to apply for IEC online, you can do it by visiting the DGFT portal. 

The Role of DGFT

The role of DGFT can be understood through the following points:

  1. The DGFT is responsible for the implementation of foreign trade policy or the import-export policy of the government.  
  2. Its main purpose is to promote export of goods from India.
  3. It formulates guidelines which must be followed by Indian exporters and importers.
  4. The DGFT issues licenses and IEC Code to import and export businesses in the country.
  5. It works with other similar authorities such as the DRI authorities, the Central Excise authorities, the Customs Commissionerate and the Enforcement Directorate.

Services Available on DGFT Portal

The DGFT Portal offers various services such as:

Headquarters and Regional Offices of DGFT

The headquarters of DGFT is located at New Delhi. It promotes India’s exports developing and executing the foreign trade policy. Through a network of 24 regional offices, the DGFT also grants scripts and DGFT certificates to exporters and oversees their accompanying obligations. 

The DGFT regional offices are located at Ahmedabad, Bengaluru, Chennai, Coimbatore, Delhi, Ernakulam (Kochi), Guwahati, Hyderabad, Indore, Jaipur, Jammu, Kanpur, Kolkata, Ludhiana, Mumbai, Nagpur, Panipat, Pune, Rajkot, Srinagar, Surat, Vadodara, Varanasi, and Visakhapatnam.

Conclusion

The Directorate General of Foreign Trade (DGFT) plays an important role in the promotion of exports from India. It issues DGFT certificates and IEC to the exporters, so that they can do export business from India. Without receiving authorization from DGFT, one cannot run an export business. If you need assistance in applying for an IEC code, connect with Registrationwala. We’ll help you to obtain the import export code from DGFT in a smooth and hassle-free way!

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