Foreign trade policy 27th august 2009 31st march 2014 government of india ministry of commerce and. The purpose of this policy is to define acceptable password standards and account management practices for the national student clearinghouse nsc secure file transfer protocol ftp system accounts. What are the important features of the foreign trade policy. A simple funds transfer pricing model for a commercial bank. Ftp for the period 201520 was announced which replaces the 200914 ftp which expired on 31st march 2014. Foreign trade bill passed by parliament on 19 august, president gives assent. External sector and indias foreign trade policy ftp 200914 annual report 2014 41 4 external sector and indias foreign trade policy ftp 200914 in view of the decline in export growth as an immediate relief, the government provided a policy environment through a mix of measures including fiscal incentives, institutional. The foreign trade policy ftp, 20092014 herein after referred to as the policy and the handbook of procedures vol. In light of the above, a decision has been taken by the govt. Concept definition basic understanding applicability of duty drawback on exports all.
Taking into account the decline in exports, the facility of refixation of annual average export obligation for a particular financial year in which there is decline in exports from the country, has been extended for the 5 year policy period 200914. Highlights of the annual supplement 201011 to the foreign trade policy 200914. The annual supplement to the foreign trade policy hereinafter referred to as the ftp, 20092014 and the handbook of procedures. Eligibility of tufted cotton bathmatscotton tufted bathrugs covered under itc hs codes 5703 or 5705 for grant of duty credit scrip under vkguyfps of ftp.
Foreign trade policy ftp, 200914 the annual supplement to the foreign trade policy hereinafter referred to as the ftp, 20092014 and the handbook of procedures vol. I 27th august 2009 31st march 2014 government of india. Advance authorization scheme in the recent policy announced, a minimum 15% value addition criteria has been introduced on imported inputs under advance authorization scheme. On august 27, 2009, the commerce and industry minister, anand sharma, presented the fiveyear foreign trade policy ftp for 20092014. New foreign trade policy 200914 free download as powerpoint presentation. This policy is updated every year with some modifications and new schemes. Foreign trade policy 20092014 announced all ftp related news and information at one place. The purpose of this information technology policy itp is to establish an enterprisewide policy for the use of managed file transfer by the commonwealth, its business partners, and the public to exchange files and data securely in various formats that are too large to be transferred via email. Aiming to reverse contraction in exports for 10 consecutive months, the new ftp has several measures to ensure a healthy growth of foreign trade. The foreign trade policy which was announced on thursday august 28, 2009 is an integrated policy for the period 200914. India new foreign trade policy 2009 2014 also known as indian. Highlights of foreign trade policy 201520 title come here title come here title come here title come here confectionary, pharmaceutical background the long awaited foreign trade policy 201520 the ftp or the policy has been announced by the government. Objectives of foreign trade policy 200914 to arrest and reverse declining trend of exports is the main aim of the policy. Indias foreign trade policy 200914 the union commerce ministry, government of india announces the integrated foreign trade policy ftp in every five year.
Speech by indian commerce minister at the release of annual supplement to ftp 200914 on 18 april 20. Public notice no 1 2009 14 new delhi, dated the 27 th august, 2009 in exercise of powers conferred under paragraph 2. Foreign trade policy 1 st april, 2015 31 st march, 2020 updated upto 30 06 2015 government of india ministry of commerce and industry department of commerce. The new foreign trade policy ftp takes an integrated view of the overall development of indias foreign trade and goes beyond the traditional focus on pure exports. It describes the market and product strategy envisaged and the measures required not just for export promotion but also for. Feb 23, 2012 indias foreign trade policy 200914 dr. Foreign trade policy 20152020 announced on 1 april. Speech by indian commerce minister at the release of annual supplement to ftp 200914 on 5 june 2012. Countries across the world have been affected in varying degrees and all major. Anand sharma releases new foreign trade policy 2012 reward scrips can be used to pay excise duty highlights of annual supplement to ftp 2012. May 25, 2015 economics for everyone indias foreign trade policy ftpexim. Foreign trade policy 2015 2020 directorate general of.
India new foreign trade policy 2009 2014 foreign trade policy exim policy 20102011 annual supplement the government of india, ministry of commerce and industry announced new foreign trade policy on 27th august 2009 for the period 20092014, earlier this policy known as export import exim policy. I appendices and aayat niryat forms 27th august 2009 31st march 2014 government of india ministry of commerce and industry department of commerce. Foreign trade policy ftp 2009 14 as an immediate relief, the government provided a policy environment through a mix of measures including fiscal incentives, institutional changes, procedural rationalization, and efforts for enhanced market access across the world and diversification of export markets. The upa government has assumed office at a challenging time when the entire world is. It is an integrated policy which aims at developing possible export, boosting. Incentive schemes under chapter 3 have been expanded by way of addition of new products and markets. This would be clear from the following statement in the policy document, trade is not an end in itself, but a means to economic growth and rational. Foreign trade policy 200914 foreword the upa government has assumed office at a challenging time when the entire world is facing an unprecedented economic slowdown.
Benefit of duty credit scrips under ftp 2009 14 notified under the service tax. Read more about highlights of foreign trade policy 2009 14 on business standard. Benefit of duty credit scrips under ftp 200914 notified. Indian foreign trade policy 2009144 the foreign trade policy 200914 for the period of five years from the fy 200910 to 2014 was announced on 27th august, 2009 in the background of fall in indias exports due to global recession. I herein after referred to as the handbook have been notified by the dgft vide notification no. Review of foreign trade policy 20092014 introduction the two main objectives of the previous foreign trade policy ftp were. Foreign trade policy 2015 2020 directorate general. Foreign trade policy re 2012 200914 from 562012 to. The karnataka renewable energy policy 200914 shall come into effect from the date of its publication in the official gazette and will remain in force till 2014 or until further orders. This order issues in consultation with finance department, forest. The following are the highlights of the new foreign trade policy ftp.
The foreign trade policy which was announced on thursday august 28, 2009 is an integrated policy for the period 2009 14. India new foreign trade policy 2009 2014 also called indian new exim policy issued by dgft and. The process of funds transfer pricing is depicted in figure 1 below. The union commerce ministry, government of india announces the integrated foreign trade policy ftp in every five year. Highlights of foreign trade policy 200914 business. The immediate and the short term objective of ftp 200914 policy was to arrest and reverse the declining trend of exports which was successfully. Review of foreign trade policy 20092014 cuts citee. Amendments in the foreign trade policy 200914 eligibility. Oct 31, 2009 indias foreign trade policy 200914 refixation of annual average export obligation. Ftp 200914 free download as powerpoint presentation. Foreign trade policy re 2012 2009 14 from 5 6 2012 to 31 3 2015. Scribd is the worlds largest social reading and publishing site. Update on foreign trade policy ftp 201520 for assitance of exporter importer commerce minister shri.
Duty drawback scheme for physical exports is being administered by the department of revenue and that of deemed exports, by the dgft. Economics for everyone indias foreign trade policy ftpexim. Indias foreign trade policy 200914 highlightsvrk100. Dear all please find enclosed herewith latest foreign trade policy 2009 14 introduced yesterday dated august 27 2009 for your record and reference best regards students others. The information provided here is part of import export course online. Annual supplement 201011 to the foreign trade policy 200914. I hereinafter referred to as the handbook have been notified by the dgft vide notification no. New schemes come into effect on the first day of financial year i.
Indias foreign trade policy 200914 by cybex exim solution pvt ltd. Handbook on ha foreign trade policy ndbo and ok o guide to. The trade policies of 200409 and 200914,in these policies it is. Foreign trade policy ftp 2009 14 regarding circular no 38 2010 cus f no 605 33 2010 dbk government of india ministry of finance department of revenue new delhi. India s commerce minister anand sharma, on august 27, 2009, announced india s foreign trade policy for 200914. Foreign trade policy 200409, though it does not alter the broad contours of the main policy, recognises the dynamic nature of international trade and the consequent need for periodic realignment and an integrated approach to the developmental requirements of indias foreign trade. Foreign trade policy directorate general of foreign.
The much awaited foreign trade policy 201520, a first by the modiled government, is stated be designed with a view to double indias share in world trade from the present level of 3%, by the year 2020. Foreign trade policy 1 st april, 2015 31 st march, 2020 government of india ministry of commerce and industry department of commerce. India new foreign trade policy 2009 2014 also known as. Ftp policy2009 2014 free download as powerpoint presentation. This five year foreign trade policy introduces new schemes for exporters of. Grant of deemed export benefits for supplies to the projects funded by organizations such as jica etc. The annual supplement 2012 to foreign trade policy 2009 14 has made several changes to the foreign trade policy of india that are expected to benefit the exporters and reduce transactional expenses. Chapter4 external sector and indias foreign trade policy.
On august 27, 2009, the commerce and industry minister, anand sharma, presented the fiveyear foreign trade policy ftp for 2009 2014. Foreign trade policy of india 201520 ftp 201520 announced on 01 st april 2015 to support manufacturers and service sectors with special emphasis to improve ease of doing business. Ftp 20092014 annual supplement of 23 aug 2010 procedure. The facilities and concessions given under the provisions of industrial policy 20092014 will be in. Procedure for shifting of capital goods stp units are permitted to shift capital goods as per clause 6. Foreign trade policy directorate general of foreign trade. The foreign trade policy statement explains the vision, goals and objectives underpinning the foreign trade policy for the period 20152020. The impact of indian foreign trade policy 200914 on.
Shifting of cg may be on temporary or permanent basis. Background the national student clearinghouse maintains ftp accounts for thousands of users, most of whom use the. Economics for everyone indias foreign trade policy ftp. The year 2009 is witnessing one of the most severe global recessions in the postwar period.
The foreign trade policy which was announced on august 28, 2009 is an integrated policy for the period 200914. Itc hs, import policy is for new goods and not for the second hand goods. The shifting may be within the same jurisdiction or the different jurisdiction. Foreign trade policy 2009 14 foreword the upa government has assumed office at a challenging time when the entire world is facing an unprecedented economic slowdown. Aug 28, 2009 this policy is updated every year with some modifications and new schemes. Foreign trade policy is also known as exportimport policy or exim policy. The highlights and important changes are given below.
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