Friday 19 April 2013

Annual Supplement (2013-14) to the Foreign Trade Policy 2009-14

Annual Supplement (2013-14) to the Foreign Trade Policy 2009-14 announced by Union Commerce and Industry Minister Mr. Anand Sharma, on 18th April, 2013:


  • Measures to revive investors’ interest in SEZs
  • Zero Duty Export Promotion Capital Goods (EPCG) Scheme to cover all sectors
  • Widening of Interest Subvention Scheme
  • Widening the Scope of Utilization of Duty Credit Scrip
  • Market and Product Diversification
  • Incremental Exports Incentivisation Scheme extended for the year 2013-14
  • Facility to close cases of default in Export Obligation
  • Served from India Scheme (SFIS), duty credit scrips shall now be calculated on the basis of net free foreign exchange earned
  • VKGUY (Vishesh Krishi Gramin Udyog Yojana) Scheme has been amended
  • Status Holder Incentive Scheme (SHIS) not available for the year 2013-14
  • Utilization of recredited 4% SAD scrips shall be allowed upto 30.09.13
  • Duty free Import Authorization Scheme (DFIA) Amended Import of Cars/ Vehicles allowed at CAD Faridabad and Ennore Port (TN)
  • Improvement in quality and timeliness of Foreign Trade Data
  • Electronic Data Interchange Initiatives
  • Ease of Documentation and procedural simplification
  • Widening of items eligible for import for Handloom/ Made ups and Sports Goods


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