Online Export Import Data Search Search

Complete Training Video : Click Here

Highlights of mid-term review of Foreign Trade Policy.

Date: 06-12-2017
Subject: Highlights of mid-term review of Foreign Trade Policy
NEW DELHI: Following are the highlights of the Mid-Term Review of the Foreign Trade Policy (FTP) 2015-20 released by Commerce and Industry Minister Suresh Prabhu here today: 

*Scope of Merchandise Exports from India Scheme (MEIS) and Service Exports from India Scheme (SEIS) enhanced. 

*MEIS incentive raised for ready-made garments and made- ups by 2% (additional annual outgo Rs 2,743 crore). 

*Across-the-board increase of 2 per cent in existing MEIS for exports by MSMEs/labour incentive industries (Rs 4,567 crore). 

*Annual incentive increased by 34 per cent to Rs 8,450 crore. 

*SEIS incentives raised by 2 per cent with a view to boosting services sector exports (Rs 1,140 crore). 

*Validity of Duty Credit Scrips increased from 18 months to 24 months to enhance their utility in GST framework. 

*To focus on improving ease of trading across borders for exporters and importers. 

*Professional team to handhold, assist and support exporters in accessing markets, meeting regulatory norms. 

*New Logistics Division to promote integrated development of the logistics sector. 

*State-of-the-art trade analytics division in DGFT for data-based policy actions. 

*New agricultural exports policy to focus on increasing exports of value-added agri products. 

*New Services Division in DGFT to examine Exim policies and procedures to push services exports. 

*Supplies of goods and services to SEZs to be treated as zero rated under GST. 

*Import of second hand goods for repair/refurbishing/re- conditioning/re-engineering .. 

*Increase focus on exploring new markets and products, raising share in traditional markets and products. 

*Promotion of exports by MSMEs and labour intensive sectors to increase employment opportunities for youth. 

*To enhance participation of Indian industry in global value chains.

Source: economictimes.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Exim Help

What is New?

Date: 07-12-2017
Notification No. 113 /2017-Customs (N.T.)
Exchange Rates Notification No.113/2017-Custom(NT) dated 07.12.2017

Date: 05-12-2017
Public Notice No. 41/2015-2020
Revised edition of the Handbook of Procedures of Foreign Trade Policy, 2015-2020

Date: 30-11-2017
Notification No. 112 /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: 28-11-2017
Notification No. 111 /2017-Customs (N.T.)
Appointment of Common Adjudicating Authority

Date: 27-11-2017
Notification No. 90/2017-Customs
Indian Customs Notification No. 90 /2017 - Customs

Date: 27-11-2017
Notification No. 40/2015-2020
Relaxation in export policy for export of Red Sanders wood by Government of Karnataka under Sl. No. 188, Chapter 44 of Schedule 2 of ITC (HS) Classification of Export and Import 2012

Date: 24-11-2017
Notification No. 18/2017-Customs (N.T./CAA/DRI)
Appointment of Common Adjudicating Authority by DGRI

Date: 24-11-2017
Notification No. 17/2017-Customs (N.T./CAA/DRI)
Appointment of Common Adjudicating Authority by DGRI

Date: 24-11-2017
Notification No. 16/2017-Customs (N.T./CAA/DRI)
Appointment of Common Adjudicating Authority by DGRI

Date: 24-11-2017
Notification No. 15/2017-Customs (N.T./CAA/DRI)
Appointment of Common Adjudicating Authority by DGRI

Exim Guru Copyright © 1999-2017 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.


C/o Infodrive India
E-2, 3rd Floor, Kalkaji Main Road
New Delhi - 110019, India
Phone : 011 - 40703001