Exim Policy presentation

2.  known as the foreign trade
policy (FTP)
 deals in general provisions
pertaining to
 exports and imports
promotional measures
 duty exemption schemes
 export promotion schemes
 special economic zone
programmes etc.
 announced every 5 years by
Union Ministry of Commerce
and Govt. of India
 updated every year on the 31st of
March and all the amendments
and improvements in the scheme
are effective from 1st of April
 The Govt. of India releases the
handbook detailing the
procedures to be followed for
each of the schemes mentioned in
Exim Policy
 The Govt. of India and Ministry
of Commerce and Industry has
announced a new Foreign Trade
Policy on 27th Aug 2009 for the
period 2009-14

3.  developing export potential
 improving export performance
 boosting foreign trade
 earning valuable foreign exchange
 revival of units and generating employment
 A fall in exports has led to the closure of several
small- and medium-scale export-oriented units,
resulting in large-scale unemployment, so it aims in
helping those units

4.  to stop and reverse declining trend of
exports is the main aim
 reviewed after two years
 to double India's exports of goods and
services by 2014
 long term aim: to double India's share in
global merchandise trade by 2020
(India's share in Global merchandise exports was 1.45% in 2008)

5. A] Scheme for the status holders
 Additional Duty Credit Scrips shall be given to Status Holders
@ 1% of the FOB value of past exports accelerate exports
and encourage technological up gradation
 This facility shall be available for sectors of leather (excluding
finished leather), textiles and jute, handicrafts, engineering
(excluding Iron & steel & non-ferrous metals in primary and
intermediate form, automobiles & two wheelers, nuclear
reactors & parts, and ships, boats and floating structures),
plastics and basic chemicals (excluding pharma-products)

6.  To aid technological upgradation of our
export sector, EPCG scheme at Zero duty
has been introduced.
 This scheme was available for engineering &
electronic products, basic chemicals &
pharmaceutical products, apparels & textiles,
plastics, handicrafts, chemicals & allied
products and leather products

7. Towns of Export Excellence (TEE)
The following cities have been recognized as
towns of export excellence (TEE)
 Handicrafts : Jaipur, Srinagar and Anantnag
 Leather Products : Kanpur,Dewas and
Ambur
 Horticultural Products: Malihabad .

8.  Duty Drawback is allowed on Gold Jewellery
exports to neutralize duty incidence.
 Plan to establish "Diamond Bourse (s) with an
aim to make India and International Trading
Hub announced.
 Introduction of a new facility to allow import on
consignment basis of cut & polished diamonds
for the purpose of grading/ certification.

9.  Zero duty EPCG Scheme
 allows import of capital
goods for pre production,
production and post
production
 subject to an export
obligation equivalent to 6
times of duty saved on
capital goods
 imported under EPCG
scheme to be fulfilled in 6
years
The scheme is available for
exporters of:
 Engineering & electronic
products
 Basic chemicals &
pharmaceuticals,
 Apparels & textiles,
 plastics,
 Handicrafts
 Leather & leather products

10.  They are permitted to:
 Export goods for holding/participating in exhibitions
abroad with permission of DC
 Personal carriage of gold/silver/platinum jewellery,
precious, semi-precious stones, beads and articles
 Export goods for display/sale in permitted shops
setup abroad
 Display/ sell in permitted shops setup abroad
 Set up showrooms / retail outlets at International
Airports

11.  Objective
 to incentivize export of such products which have
high export intensity / employment potential
 so as to offset infrastructure inefficiencies and other
associated costs involved in marketing
 Entitlement
 Exports of notified products to all countries (including SEZ
units) shall be entitled for Duty Credit scrip equivalent to
2% of FOB value of exports