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:

Highlights:

• 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

https://docs.google.com/file/d/0B3dVi3eBp2ZCTkk3Y0o2TmpJVGc/edit?usp=sharing


Source: http://commerce.nic.in/pressrelease/pressrelease_detail.asp?id=3011