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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: 17-11-2017
    Notification No. 88/2017-Customs
    Seeks to increase import tariff rate of soya beans from 30% to 45%.

    Date: 17-11-2017
    Notification No. 87/2017-Customs
    Seeks to (1) Increase the BCD on crude palm oil of edible grade from 15% to 30%; and (2) Increase the BCD on refined palm oil of edible grade from 25% to 40%. (3) Increase the BCD on crude sunflower oil from 12.5% to 25%; (4) Increase the BCD on refined sunflower oil of edible grade from 20% to 35%; (5) Increase the BCD on crude soya bean oil from 17.5% to 30%; (6) Increase the BCD on refined soya bean oil from 20% to 35%; (7) Increase the BCD on crude rapeseed oil including canola oil (Low erucic acid rapeseed oil), mustard oil and colza oil from 12.5% to 25%; (8) Increase the BCD on refined rapeseed oil including canola Oil (Low erucic acid rapeseed oil), mustard oil, and colza oil from 20% to 35%;

    Date: 16-11-2017
    Notification No. 110/2017 - Customs (N.T.)
    Exchange Rates Notification No.110/2017-Custom(NT) dated 16.11.2017

    Date: 15-11-2017
    Notification No. 109/2017 - Customs (N.T.)
    Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver- Reg

    Date: 14-11-2017
    Notification No. 108/2017 - Customs (N.T.)
    Exchange Rates Notification No.108/2017-Custom(NT) dated 14.11.2017

    Date: 14-11-2017
    Notification No. 86/2017-Customs
    Seeks to exempt import of goods specified goods when imported by eminent sportsperson.

    Date: 14-11-2017
    Notification No. 85/2017-Customs
    seeks to amend notification No. 50/2017-Customs dated 28.06.2017, so as to :exempt life saving drugs supplied free of cost; and exempt IGST on goods imported on lease.

    Date: 09-11-2017
    Notification No. 107/2017 - Customs (N.T.)
    Exchange Rates Notification No.107/2017-Custom(NT) dated 09.11.2017

    Date: 08-11-2017
    Notification No. 106/2017 - Customs (N.T.)
    Exchange Rates Notification No.106/2017-Custom(NT) dated 8.11.2017

    Date: 08-11-2017
    Notification No. 84/2017-Customs
    seek to (i) increase rate of basic customs duty on Peas, (Pisum sativum) from present Nil rate to 50%. (ii) increase rate of basic customs duty on wheat from 10% to 20%.



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