Home Highlights April 2023 Year 2023 This

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1. Foreign Trade Policy 2023 announced - FTP 2023 is a dynamic and open ended Policy

2. Export and Import of goods / Import of second hand goods under EOU, EHTS, STP, BTP schemes - Para 6.01 and 6.02 of Foreign Trade Policy (FTP) aligned with GST / IGST

3. Details of Duties exempted - Import / Export under DUTY EXEMPTION / REMISSION SCHEMES - Para no. 4.14 of Foreign Trade Policy (FTP) aligned with GST / IGST

4. DGFT amends the Policy for General Authorisation for Export of Chemicals and related Equipments (GAEC) - Paragraph 10.08 (ix) in the Foreign Trade Policy 2023 amended -...

5. Inclusion of Paragraph 2.79 E in the Handbook of Procedures of the Foreign Trade Policy (FTP) 2015-20 to lay down the procedure for re-export/return of imported SCOMET items

6. REP licence was issued under old policy, import made under new revised policy - import to be governed by old policy - FTP

7. Import Policy of polymethyl methacrylate under Exim code 39169032 of ITC (HS) 2017 - Schedule - 1 (Import Policy) is revised from 'Free' to 'Prohibited'

8. Amendment in Import Policy of Aviation Gasoline under Exim Code 27101219 in the ITC (HS) 2017, Schedule- I (Import Policy)

9. Amendment in import policy conditions of apples under Exim code 0808 10 00 of Chapter 08 of ITC (HS), 2017 - Schedule - 1 (Import Policy) - Notification

10. Prohibition on direct or indirect import and export from/to Democratic People's Republic of Korea (DPRK) - Para no. 2.17 of the Foreign Trade Policy as amended.