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New Exim Policy / Foreign Trade Policy 2008 - 2008 - Highlights


Exim Policy Annual Supplement Highlights 2008 - 09


  • DEPB scheme has been extended till May 2009.

  • Refund of service tax on almost all the services.

  • Income tax benefit to 100% EOUs has been extended by Government.

  • Coverage of FMS has been increased and additional 10 countries have been included. These are Mongolia, Bosnia-Herzegovina, Albania, Macedonia, Croatia, Honduras, Djibouti, Sudan, Ghana and Colombia.

  • Split-up facility under DFIA Scheme introduced.

  • Duty free import of samples has been increased from Rs.75, 000 to Rs.1, 00,000.

  • Value of jeweler parcels, through Foreign Post Office is raised to US$ 75,000. Earlier it was from US$ 50,000.

  •  EOUs shall be allowed to pay excise duty on monthly basis, instead of the present system of paying duty on consignment basis.

  • Customs duty payable under EPCG Scheme has been reduced from 5% to 3%.

  • Setting up a new Export Promotion Council for Telecom Sector.

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What is New?

Date: 29-09-2023
NOTIFICATION No. 02/2023 – Integrated Tax
Seeks to notify the provisions of the Integrated Goods and Services Tax (Amendment) Act, 2023

Date: 29-09-2023
NOTIFICATIONNo. 48/2023 – Central Tax
Seeks to notify the provisions of the Central Goods and Services Tax (Amendment) Act, 2023

Date: 29-09-2023
NOTIFICATION No. 49/2023 – Central Tax
Seeks to notify supply of online money gaming, supply of online gaming other than online money gaming and supply of actionable claims in casinos under section 15(5) of CGST Act

Date: 29-09-2023
NOTIFICATION No. 50/2023 – Central Tax
Seeks to amend Notification No. 66/2017-Central Tax dated 15.11.2017 to exclude specified actionable claims

Date: 29-09-2023
Notification No. 11/2023- Central Tax (Rate)
Seeks to amend Notification No 01/2017- Central Tax (Rate) dated 28.06.2017.

Date: 29-09-2023
NOTIFICATION No. 03/2023 – Integrated Tax
Seeks to notify the supply of online money gaming as the supply of goods on import of which, integrated tax shall be levied and collected under sub-section (1) of section 5 of the Integrated Goods and Services Tax Act,2017

Date: 29-09-2023
NOTIFICATION No. 04/2023 – Integrated Tax
Seeks to provide Simplified registration Scheme for overseas supplier of online money gaming

Date: 29-09-2023
Notification No. 14/2023- Integrated Tax (Rate)
Seeks to amend Notification No 01/2017- Integrated Tax (Rate) dated 28.06.2017.

Date: 29-09-2023
Notification No. 11/2023- Union Territory Tax (Rate)
Seeks to amend Notification No 01/2017- Union territory Tax (Rate) dated 28.06.2017.

Date: 27-09-2023
Notification No. 69/2023-Customs (N.T.)
Notification to exempt deposits into ECL till 30th November 2023.



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