DGFT Launches online payment facility for application fees through Credit/ Debit Cards

DGFT Launches online payment facility for

 application fees through Credit/ Debit Cards 

In keeping with the Digital India vision of Hon'ble Prime Minister, 

and  taking yet another small but crucial step towards paperless, 

online functioning in 24x7 environment, Directorate General of 

Foreign Trade(DGFT) today launched the facility of online payment 

of application fees through Credit/Debit cards and electronic 

fund transfer from 53 Banks (List annexed). The facility of online 

payment was launched by Commerce Secretary Ms. Rita A.Teaotia.

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 

entrepreneurs /exporters/importers. Now with the online payment 

facility being available from 53 banks as well as Credit and Debit 

cards, it would be possible to not only apply online for benefits

 under various schemes under Foreign Trade Policy but also make

 payment of the required application fee online, thus totally 

obviating the need to visit the offices of DGFT or banks for 

submission of applications. With the launch of this new facility 

applicants can now pay fees online to DGFT through their Credit

 /Debit Cards or through net banking in a 24x7 environment, 

from the comfort of their homes/offices or IT kiosks. This facility 

would also make the field offices of DGFT paperless to a large 

extent and enable them to function in 24*7 environment, while 

saving extra expenditure on storage space. It would also ensure

 transfer of the fee amount into government account on T+1 

working day, avoiding undue delay in deposit of bank drafts etc.

            DGFT has signed a Memorandum of Understanding (MOU) 

with the Central Bank of India, that will provide payment gateway

 services to the online portal of DGFT to enable applicants/ exporters/

 importers to pay their application fees through Credit/Debit Cards 

or through net banking. The Central Bank of India will thus:

 (i)  Provide facility for collection of fee through online portal 

of DGFT from banks through internet banking, debit cards and

 credit cards;

(ii)  Provide e-challans, banks scrolls, transaction IDs for 

all successful transactions

(iii) Refund amount to the applicant within 3 days, 

in case of failed transactions;

(iv) Provide all relevant details for seamless integration 

with the PAO and subsequent reconciliation with banks and RBI; 

and

(v)  Transfer the funds as per remittance norms of T+1 working day.

           

            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 transaction amount upto Rs.2000/- - : 0.75% of payment amount per transaction.    For transaction amount above Rs.2000/- - : 1.00% of payment amount per transaction. Net Banking Transactions: For transaction amount upto Rs.10,000/- -: Nil  For transaction amount above Rs.10,000/-  Rs. 14/- per transaction / across all banks   Service tax would be extra