Foreign Trade Policy changes modify EPCG rules, duty credit scrip use, and export obligation requirements for incentive schemes. Revisions to the Foreign Trade Policy permit extended duty free import of embellishments, broaden use and limited transferability of duty credit scrips under the Status Holder Incentive Scheme, extend zero duty EPCG authorizations with adjusted eligibility and interaction rules with TUFS and SHIS benefits, modify EPCG export obligations for green technologies and certain regions, relax Common Service Provider bank guarantee and reporting requirements, and tighten value addition, validity and drawback endorsement rules for Advance Authorization and DFIA schemes.
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Foreign Trade Policy changes modify EPCG rules, duty credit scrip use, and export obligation requirements for incentive schemes.
Revisions to the Foreign Trade Policy permit extended duty free import of embellishments, broaden use and limited transferability of duty credit scrips under the Status Holder Incentive Scheme, extend zero duty EPCG authorizations with adjusted eligibility and interaction rules with TUFS and SHIS benefits, modify EPCG export obligations for green technologies and certain regions, relax Common Service Provider bank guarantee and reporting requirements, and tighten value addition, validity and drawback endorsement rules for Advance Authorization and DFIA schemes.
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