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India New Foreign Trade Policy 2015 - 2020.




The Government of India, Ministry of Commerce and Industry announced New Foreign Trade Policy on 01st April 2015 for the period 2015-2020, earlier this policy known as  Export Import (Exim) Policy. After five years foreign trade policy needs amendments in general, aims at developing export potential, improving export performance, encouraging foreign trade and creating favorable balance of payments position. The Export Import Policy (EXIM Policy) or Foreign Trade Policy is updated every year on the 31st of March and the modifications, improvements and new schemes becomes effective from April month of each year.




CONTENTS
 New Foreign Trade Policy 2015 - 2020 Highlights
 Foreign Trade Policy Statement 2015-2020 (In PDF)
 New Foreign Trade Policy 2015 - 2020 (in PDF)
 New Foreign Trade Procedures 2015 - 2020 (in PDF)

CHAPTERS

SUBJECT
 Glossary
1Legal Framework
2 General Provisions Regarding Imports And Exports
3 Promotional Measures
4 Duty Exemption / Remission Schemes
5 Export Promotion Capital Goods Scheme
6 Export Oriented Units (EOUs), Electronics Hardware Technology Parks(EHTPs),
Software Technology Parks (STPs) And Bio-Technology Parks(BTPs) 

7 Deemed Exports
8 Quality Complaints and Trade Disputes
9 Definitions


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  • Appendices and ANF of FTP (2015-2020) 


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    What is New?

    Date: 19-04-2018
    Notification No.33/2018-Customs (N.T.)
    Exchange Rates Notification No.33/2018-Custom(NT) dated 19.4.2018

    Date: 18-04-2018
    Notification No. 22/2018-Customs (ADD)
    seeks to impose definitive anti-dumping duty on imports of Glassware, originating in, or exported from People's Republic of China and Indonesia. .

    Date: 17-04-2018
    Notification No. 21/2018-Customs (ADD)
    seeks to extend the levy of anti-dumping duty, imposed on imports of Soda Ash originating in or exported from Russia and Turkey under Notification No. 8/2013-Customs (ADD), dated the 18.04.2013 for a further period of one year (i.e. 16.04.2019) or till the conclusion of the sunset review investigations initiated by the Designated Authority vide initiation notification No.7/4/2018-DGAD dated the 16th April, 2018, whichever is earlier.

    Date: 16-04-2018
    DGFT Notification No.02/2015-2020
    Incorporatoin of new HS Codes for laying down import policy for Kabuli Chana, Bengal gram and Others under Exim Code 0713 of Chapter 07 of ITC (HS), 2017, Schedule - I (Import Policy).

    Date: 16-04-2018
    DGFT Notification No.03/2015-2020
    Amendment in import policy conditions under Exim Code 9022 of Chapter 90 of ITC (HS), 2017, Schedule - I (Import Policy).

    Date: 13-04-2018
    Notification No.32/2018-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: 12-04-2018
    A.P. (DIR Series) Circular No.23
    Liberalised Remittance Scheme (LRS) for Resident Individuals – daily reporting of transactions

    Date: 11-04-2018
    Trade Notice No- 2/2018-19
    Launch of facility to check status of Importer Exporter Code (IEC) application made to DGFT

    Date: 10-04-2018
    Notification No. 43/2018-Customs
    seeks to increase tariff rate of basic customs duty (BCD) on tariff items covered under tariff sub head 0404 10 ie. Whey and modified Whey, whether or not concentrated or containing added sugar or other sweetening matter, and under tariff item 0404 90 00 ie. Other Whey from present 30% to 40% by invoking section 8A (1) of the Customs Tariff Act, 1975.

    Date: 10-04-2018
    Notification No. 44/2018-Customs
    seeks to amend notification No. 50/2017 Customs dated 30.06.2017 so as to maintain effective rate of BCD on Whey, concentrated, evaporated or condensed, liquid or semi-solid (0404 10 10) and Other Whey (0404 90 00) at 30%.



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