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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: 16-08-2017
Notification No. 72/2017-Customs
Seeks to supersede Notification No. 27/2002- Customs dated 1st March, 2002 and to provide exemption to temporary import of goods from Customs duty leviable under First Schedule to the Customs Tariff Act, 1975 and from the whole of the integrated tax leviable under sub-section (7) of section 3 of the Customs Tariff Act, 1975 subject to specified conditions.

Date: 14-08-2017
Notification No. 20/2015-2020
Supply of essential commodities to the Republic of Maldives during 2017-18

Date: 14-08-2017
Notification No.21/2015-2020
Amendment in Para 4.32(i) of chapter 4 and in para 6.01 (a) of chapter 6 of the Foreign Trade Policy 2015-20

Date: 14-08-2017
Notification No. 78/2017 - 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: 11-08-2017
Notification No. 9/2017-Customs (N.T./CAA/DRI)
Appointment of Common Adjudicating Authority by DGRI

Date: 11-08-2017
Notification No. 8/2017-Customs (N.T./CAA/DRI)
Appointment of Common Adjudicating Authority by DGRI

Date: 11-08-2017
TRADE NOTICE NO. 13/(2015-2020)
Implementation of Notification No. 19 dated 05.08.2017

Date: 11-08-2017
Notification No. 71/2017-Customs
seeks to further amend notification No.50/2017-Customs dated the 30th June, 2017, so as to 1> Increase the BCD on crude soya bean oil from 12.5% to 17.5%; 2> Increase the BCD on crude palm oil of edible grade from 7.5% to 15%; and 3> Increase the BCD on refined palm oil of edible grade from 15% to 25%.

Date: 09-08-2017
Notification No. 37/2017-Customs (ADD)
Seeks to impose anti-dumping duty on "Opal Glassware", originating in or exported from China PR and UAE.

Date: 08-08-2017
Office Order No. 15/2017
Constitution of Review Committee of Pr. Chief Commissioner or Chief Commissioners/ Pr.Commissioners or Commissioner- Reg.