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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: 24-08-2016
    Central Excise Notification No 45/2015
    Amends Notification No.22/2003-Central Excise dated 31.3.2003

    Date: 23-08-2016
    Customs Notification No. 46/2016
    Seeks to further amend Notification No. 96/2008-Customs dated 13.08.2008 so as to include 'Republic of Guinea-Bissau' in the list of countries eligible for preferential tariff under the said notification.

    Date: 22-08-2016
    Service Tax Circular No.199/09/2016–ST
    Services provided to the Government, a local authority or a governmental authority with regard to water supply

    Date: 22-08-2016
    Customs Circular No. 38/2016
    Guidelines regarding Provisional Assessment under section 18 of the Custom Act, 1962

    Date: 22-08-2016
    Customs Notification No. 113/2016 (NT)
    Rescinds Customs (Provisional Duty Assessment) Regulations, 2011 - Notification No. 81/2011-Customs (N.T.) dated the 25th November, 2011

    Date: 19-08-2016
    Notification No. 46/2016-Customs (ADD)
    Seeks to extend the levy of anti-dumping duty on imports of Caustic Soda, originating in, or exported from Chinese Taipei (imposed vide notification No.79/2011-Customs, dated the 23rd August, 2011) for a period of one year i.e. upto and inclusive of the 22nd August, 2017.

    Date: 19-08-2016
    Notification No.47/2016-Customs (ADD)
    Seeks to extend the levy of anti-dumping duty on imports of 1-Phenyl-3-Methyl-5-Pyrazolone originating in, or exported from, People's Republic of China, (imposed vide notification No.80/2011-Customs, dated the 24th August, 2011) for a period of one year i.e. upto and inclusive of the 23rd August, 2017.

    Date: 18-08-2016
    Customs Notification No. 112/2016 (NT)
    Rate of exchange of conversion of the foreign currency with effect from 19th Aug., 2016

    Date: 18-08-2016
    Customs Notification No. 111/2016 (NT)
    Giving the powers of Chief Commissioner to Principal Commissioner who have been given the additional charge vide office orders No. 79/2016 dated 14.07.2016 and 86/2016 dated 26.07.2016

    Date: 18-08-2016
    Central Excise Notification No. 43/2016 CE (NT)
    Giving the powers of Chief Commissioner to Principal Commissioner who have been given the additional charge vide office orders No. 79/2016 dated 14.07.2016 and 86/2016 dated 26.07.2016



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