Tag: wheat export banned

Govt. orders stricter checks on wheat export process

Govt. orders stricter checks on wheat export process

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Latest order from DGFT directs Regional Authorities to ‘physically verify’ all documents Latest order from DGFT directs Regional Authorities to ‘physically verify’ all documents The government has imposed a stricter process of physical verification of all Letters of Credit to ensure full compliance of its May 13 order that restricts wheat exports. The latest order […]

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India bans wheat exports with immediate effect

India bans wheat exports with immediate effect

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India has banned wheat exports with immediate effect as part of measures to control rising domestic prices, according to official notification. However, the export shipments for which irrevocable letters of credit (LoC) have been issued on or before the date of this notification will be allowed, the Directorate General of Foreign Trade (DGFT) said in […]

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