The Directorate General of Foreign Trade

The Directorate General of Foreign Trade

The Directorate General of foreign Trade plays a very important role in the development of trading relations with various other nations and thus help in improving economic growth in the trade industry. For promoting exports and imports DGFT established its regional offices across the country. There are four Zonal Offices at Delhi, Mumbai, Kolkata and Chennai headed by Zonal Joint Director General of Foreign Trade. There are 35 Regional Authorities all over the country. DGFT implements various policies regarding trade for example foreign trade policy, IEC (Importer Exporter Code) primary requirement to initiate business DGFT is the licensing & regulating authority for export and import business. DGFT has introduced ITC (HS CODE) schedule-1 for import items in India and Schedule-2 for Export items from India.