The Directorate General of Foreign Trade, vide Public Notice No. 08/2015-20 dated 1st June, 2020, provided the following relaxations to the exporters : Increased validity of Duty Credit Scrips Original Validity: Duty Credit Scrips issued under Chapter 3 of the FTP 2015-20 are valid for 24 months from the date of issuance. Extended Validity: 30th...
WITHDRAWAL OF INDIA FROM THE US’ GENERAL SYSTEM OF PREFERENCE (GSP) TRADE PROGRAM – AN IMPACT ANALYSIS THE GSP – AN OVERVIEW The United States has implemented a Generalised System of Preference (GSP) trade program from the 1970s, wherein it extends a preferential tariff system to developing country. It is a preferential arrangement as it...
Foreign Trade Policy- Mid Term Review,2017 The mid-review of Foreign Trade Policy finally stands released today on 5th December,2017.It was delayed since July 2017 for the sake of GST. Priority- It has considered the ease of trading for exporters and to neutralize the impact of the GST. Aim – To double India’s exports of goods and services...
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