I (Meaning and importance of Exports) Unit Structure


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8.4.2 FUNCTIONS OF DGFT 
The following are the functions of DGFT 
(a) 
Implementation of foreign trade policy 
DGFT is responsible for the implementation of foreign trade 
policy of India. The FTP is implemented by introducing various 
schemes and guide lines through its network of 32 regional offices 
spread across country. 
 
(b) 
Granting of IEC number 


113 
DFGT grants importer-exporter code number to exporters 
and importers from India. It is the registration number, which 
enables Indian parties to deal in foreign trade. The IEC number is 
issued by the regional offices of DGFT. 
 
(c) 
Regulates transit of goods 
DGFT permits or regulates transit of goods form India or 
from countries adjacent of India in accordance with the bilateral 
treaties between India and other countries. 
 
(d) 
Resolving of export related problems 
 
DGFT or its regional offices attends to the problems and 
grievances of exporters. It co-ordinates with other departments to 
resolve all the trade and export related problems to resolve all the 
trade and export related problems. For speedy redressal of genuine 
grievances of trade and industry relating to policy and procedures, 
grievance committees have been set up in the regional licensing 
offices. 
 
(e) 
Interaction with trade and industry 
DGFT has opened a chat window on its web site for 
interacting with the trade and industry. It provides replies to queries 
on foreign trade policy and procedures. The chat window is open 
form 3 p.m. to 5 p.m. on second Wednesday of every month. 
(f) 
Co-ordination with other offices 
DGFT works in close co-ordination with other related 
economic offices like customs dept, central excise, enforcement 
directorate, etc. 

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