The Foreign Trade Policy 2015-2020, notified under Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, sets out the legal basis, amendment powers and transitional arrangements; empowers DGFT to notify Hand Books and forms; and prioritises trade facilitation through electronic measures including e-IEC issuance, e-BRC capture, EDI message exchange with Customs, Banks and EPCs, online application processing, single-window clearance, reduced mandatory documents, self-assessment of customs duties, and safeguards against unwarranted detention of export consignments.
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