Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Udyog Bhawan, New Delhi
Dated 09. 07. 2015
Trade Notice No. 07/2015
1. All IEC Holders
2. All EPCs / All Chambers of Trade and Industries
4. All RA’s of DGFT
Subject: Operationalisation of online payments through debit / credit cards.
In keeping with the Digital India vision of Hon’ble Prime Minister, and taking yet another crucial step towards paperless, online functioning in 24×7 environment, Directorate General of Foreign Trade has launched the facility of online payment of application fees through Credit/Debit cards and electronic fund transfer from 53 Banks (List annexed).
2. As a measure of Trade Facilitation and Ease of Doing Business, DGFT has already operationalised the facility of Online filing of various applications by the exporters/importers under the Foreign Trade Policy (2015-20). Early this year, DGFT also operationalised the facility of online submission of applications for issue of online Importer Exporter Code in digital format or e-IEC for exporters/importers. Now with the online payment facility being available from 53 banks, as well as through Credit and Debit cards, it would be possible to not only apply online for e-IEC and benefits under various schemes under Foreign Trade Policy but also make online payment of required application fee.
3. The charges applicable for using internet banking, debit/credit cards will be as follows:
Transaction Processing Charges
Visa / Master Card Credit card transaction: 1.45% of payment amount per transaction.
Visa / Master Card/Rupay Debit Card transactions:
For transactions upto Rs.2000/- : 0.75% of payment amount per transaction.
For transactions above Rs.2000/- : 1.00% of payment amount per transaction.
Net Banking Transactions:
For transaction upto Rs.10,000/- -: Nil
For transaction above Rs.10,000/- -:Rs. 14/- per transaction / across all banks
Service tax would be extra
Joint Director General of Foreign Trade
Issued from F.No.01/02/150/AM-13/EDI/PC-2[B]