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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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Date: 16-03-2017
RBI/2016-17/253 A.P. (DIR Series) Circular No. 40
Exim Bank's Government of India supported Line of Credit of USD 50 million to the Government of Co-operative Republic of Guyana

Date: 16-03-2017
RBI/2016-17/252 A.P. (DIR Series) Circular No. 39
Exim Bank's Government of India supported Line of Credit of USD 10 million to the Government of Co-operative Republic of Guyana

Date: 16-03-2017
Customs Notification No. 22/2017 (NT)
Rate of exchange of conversion of the foreign currency with effect from 17th March, 2017

Date: 16-03-2017
Customs Instruction No. 03/2017
Regarding errors in the bank account no., IFSC Code, etc. given by exporters for processing claims of Duty Drawback and Rebate of State Levies (RoSL) Scheme

Date: 15-03-2017
Customs Notification No. 21/2017 (NT)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver- Reg.

Date: 15-03-2017
Notification No. 8/2017-Customs (ADD)
Seeks to order provisional assessment on imports of "Phosphoric Acid-Technical Grade and Food Grade (including Industrial Grade)", originating in or exported from People's Republic of China by M/s. Guangxi Quinzhou Capital Success Chemical Co. Ltd. (producer or exporter) into India till the finalization of New Shipper Review initiated by DGAD, vide notification No.15/5/2016 - DGAD, dated 09.02.2017

Date: 15-03-2017
Circular No. 1054/03/2017-CX
Classification of 'Saree' under CETA, 1985

Date: 14-03-2017
Notification No. 06/2017-Central Excise (N.T.)
Amendment to Notification No 38/2001-Central Excise (N.T.), dated the 26th June, 2001, regarding jurisdiction

Date: 10-03-2017
Circular No. 1053/02/2017-CX
Master Circular on Show Cause Notice, Adjudication and Recovery –reg.

Date: 09-03-2017
RBI/2016-17/247 A.P. (DIR Series) Circular No. 38
Exim Bank's Government of India supported Line of Credit of USD 92.18 million to the Government of Tanzania



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