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New Exim Policy / Foreign Trade Policy 2008 - 2008 - Highlights


Exim Policy Annual Supplement Highlights 2008 - 09


  • DEPB scheme has been extended till May 2009.

  • Refund of service tax on almost all the services.

  • Income tax benefit to 100% EOUs has been extended by Government.

  • Coverage of FMS has been increased and additional 10 countries have been included. These are Mongolia, Bosnia-Herzegovina, Albania, Macedonia, Croatia, Honduras, Djibouti, Sudan, Ghana and Colombia.

  • Split-up facility under DFIA Scheme introduced.

  • Duty free import of samples has been increased from Rs.75, 000 to Rs.1, 00,000.

  • Value of jeweler parcels, through Foreign Post Office is raised to US$ 75,000. Earlier it was from US$ 50,000.

  •  EOUs shall be allowed to pay excise duty on monthly basis, instead of the present system of paying duty on consignment basis.

  • Customs duty payable under EPCG Scheme has been reduced from 5% to 3%.

  • Setting up a new Export Promotion Council for Telecom Sector.

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What is New?

Date: 20-07-2017
Notification No. 72/2017 - Customs (N.T.)
Rate of exchange of conversion of the foreign currency with effect from 21st July, 2017

Date: 18-07-2017
Central Excise Notification No. 21/2017
Central Excise Notification No. 21/2017

Date: 18-07-2017
Notification No. 22/2017- Central Excise (N.T.)
Notification No. 22/2017- Central Excise (N.T.)

Date: 14-07-2017
Notification No. 67/2017-Customs
Seeks to further amend notification no. 25/2005-customs dated 01.03.2005.

Date: 14-07-2017
Notification No. 71/2017 - Customs (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver

Date: 13-07-2017
Notification No. 35/2017-Customs (ADD)
Seeks to Impose provisional anti-dumping duty on imports of 'O-Acid" originating in exported from China PR

Date: 13-07-2017
Notification No. 34/2017-Customs (ADD)
Seeks to extend levy of anti- dumping duty on imports of ' Grinding Media Balls' (excluding Forged Grinding media Balls), originating in, or exported from, Thailand and people's Republic of China imposed vide Notification 36/2012- Customs (ADD) ,dated 16th July, for one year i.e. up to and inclusive of the 15th July, 2018.

Date: 13-07-2017
Instruction
Constitution of Review Committees of the Commissioners of Central Excise and Service Tax-Regd. - 04/2017

Date: 13-07-2017
Instruction
Constitution of Review Committees of the Commissioners of Central Excise and Service Tax-Regd. - 03/2017

Date: 13-07-2017
Instruction
Constitution of Review Committees of the Chief Commissioners of Central Excise and Service Tax-Regd. - 02/2017