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Foreign Trade Policy-2013-14 Annual Supplement Highlights

Foreign Trade Policy ( Exim-Policy ) 2009 - 2014

Annual Supplement of Foreign Trade Policy-2013-2014

Foreign Trade has gained immense importance in India in the recent years. The export import (exim) policy of India has laid guidelines for India to become a major player in world trade, an all encompassing; comprehensive view needs to be taken for the overall development of the country’s foreign trade. The new exim policy states that reasonableness and consistency among trade and other economic policies is important for maximizing the contribution of such policies to development. The foreign trade policy implies in its preamble that while incorporating the existing practice of enunciating an annual exim policy, it is necessary to go much beyond and take an integrated approach to the developmental requirements of India’s foreign trade.

The exim policy of India can be viewed at our website which is updated on a regular basis. The import laws of India are governed by the foreign trade policy. All exporters/importers trading from India have to adhere to the foreign exim policies in order to gain benefits on the trade front.



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What is New?

Date: 12-02-2016
Customs Notification No. 24/2016 (NT)
Exchange Rate notification with effect from 13th February, 2016 thereby amending Notification No.18/2016-Customs (N.T.), dated 4th February, 2016

Date: 11-02-2016
DGFT Notification No. 39/2015-2020
Procedure for export of sesame seeds to the European Union countries - Deferment of implementation regarding.

Date: 11-02-2016
RBI/2015-16/319 A.P. (DIR Series) Circular No. 52
Regulatory Relaxations for Startups- Clarifications relating to Issue of Shares

Date: 11-02-2016
RBI/2015-16/318 A.P. (DIR Series) Circular No. 51
Regulatory relaxations for start-ups- Clarifications relating to acceptance of payments

Date: 11-02-2016
RBI/2015-16/317 A.P. (DIR Series) Circular No. 50
Compilation of R-Returns: Reporting under FETERS

Date: 10-02-2016
Trade Notice No. 16/2015
Closure of Advance Authorisation licences as per para 4.16(a) of FTP 2009-14, pending for want of payment to be received from Foreign currency account of SEZ unit.

Date: 10-02-2016
Trade Notice No. 17/2015
Clarification on the Notification No. 38 dated 5.2.2016 regarding Minimum Import Price (MIP) on Iron & Steel under Chapter 72 of ITC (HS) 2012-Schedule 1 import policy

Date: 09-02-2016
Central Excise INSTRUCTION
Effect of 'in limine' dismissal of Special Leave Petition (SLP) by the Supreme Court and Filing of Review Petition in Supreme Court

Date: 09-02-2016
Customs Notification No. 23/2016 (NT)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oil, Brass, Poppy Seed, Areca Nut, Gold and Sliver

Date: 09-02-2016
Customs Circular No. 06/2016
Amendments effective 11.2.2016 to the All Industry Rates of Duty Drawback



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