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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: 22-07-2016
    DGFT Public Notice No. 23/2015-2020
    Removal of M/s Trans Border Safety Contral Inspection Services LLC, USA from the list of Inspection and Certificate Agencies ( Appendix 2 G)

    Date: 22-07-2016
    Customs Circular No. 33/2016
    Review of entity based facilitation programmes viz. Accredited Client Programme (ACP) and Authorized Economic Operator (AEO) programme — Revised Guidelines.

    Date: 21-07-2016
    Customs Notification No. 102/2016 (NT)
    Rate of exchange of conversion of the foreign currency with effect from 22nd July, 2016

    Date: 21-07-2016
    Central Excise Circular No. 1039/27/2016-CX
    Classification of Micronutrients, Multi-micronutrients, Plant Growth Regulators and Fertilizers-clarification regarding classification of Glyphosates

    Date: 21-07-2016
    Trade Notice No. 11/2015-20
    Deduction of State/ Central Taxes collected from the customers while calculating foreign earnings for SFIS/SEIS Schemes.

    Date: 20-07-2016
    RBI/2016-17/22 DCM (FNVD) G–6/16.01.05/2016-17
    Master Circular – Detection and Impounding of Counterfeit Notes

    Date: 20-07-2016
    RBI/2016-17/23 DCM (CC) No.G-3/03.44.01/2016 – 17
    Master Circular –Scheme of Penalties for bank branches based on performance in rendering customer service to the members of public

    Date: 20-07-2016
    Trade Notice No 10/2016
    Closure of EPCG authorizations in case of supplies to SEZ units which have been made prior to 01.04.2015 and where exports proceeds have not been realized through Foreign Currency Account (FCA) of the SEZ unit.

    Date: 20-07-2016
    CUSTOMS INSTRUCTION
    Regarding extension of benefit of Notification No. 24/2005 on micro/mini SD card

    Date: 19-07-2016
    Central Excise Circular No. 1037/25/2016-CX
    Classification of Tamarind Kernel Powder under CETA, 1985



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