!!! Trade Alerts !!! Payment of fees through Debit / Credit cards

!!! Trade Alerts!!!

Dear Member,

We are glad to inform you that the exporters / importers will now be allowed to pay their fees and penalties to DGFT through debit or credit cards from this week. The technical process to allow and enable payment of fee through debit/credit cards has been completed and will be launched soon.

The traders can avail this facility from all the public and private sector banks. This will help in reducing transaction costs and further improve ease of doing business. This move is in line with the government’s initiative of improving India's overall ranking in ease of doing business index.

You may refer the following news article which has appeared in The Economic Times dated 7^th July, 2015:

http://economictimes.indiatimes.com/news/economy/foreign-trade/traders-can-pay-fees-using-credit-debit-cards-from-this-week/articleshow/47972222.cms

Thanks,
 

V. Anil Kumar
Executive Director