Neogi Group - News & Events - SEP 2023

NTR Pvt. Ltd. participation in Session on Export on Compliance and Latest Banking Regulations – Organized by EEPC India

Neogi Technologies and Research Pvt. Ltd. attended a Session on Export on Compliance and Latest Banking Regulations – Organized by EEPC India on 16th August, 2023 at Kolkata. Mr. Tarun Kanti Sen was present on behalf of NTR Pvt. Ltd.

The following points were discussed:

  • An overview of Export Compliance
  • RBI Compliance Regulations Governing Exports
  • Recent OFAC (Office of Foreign Assets Control) and regulations
  • AD Authorised Dealer Role in Export Compliance
  • Trade Settlement in INR
  • District as Export Hubs
  • E-commerce Exports

The FTP 2023 encourages recognition of new towns through the Towns of Export Excellence Scheme and Exporters through “ Status Holder Scheme”.

The FTP 2023 is facilitating exports by streamlining the popular Advance Authorisation and EPCG Schemes and enabling Merchanting Trade from India.

The new FTP 2023 , DGFT has reduced the limits of 2 Star and above Export Houses. This means now more Exporters can be eligible for 2 Stars Export House and can take advantage of it . There is no change in the criteria of one Star Export House.

The Director and Officials of EEPCINDIA , Senior Officials of IndusInd Bank delivered their views with a Presentation on the topic. The Session concluded with one-to- one interaction.

We are the manufacturer of NEOGI Flow Scope Electronic Fuel dispenser.

We are the manufacturer of NEOGI Hose Pipe

We are the manufacturer of Pressure vacuum Valve

We are the manufacturer of Shear Valve.

We are the manufacturer of Auto Cut Off Nozzles.