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of <h1>Exim Policy 2002-2007 Updates: Streamlined Duty-Free Imports, Expanded Farming, and Adjusted SEZ Customs Roles for Better Trade Efficiency.</h1> The circular details amendments to the Exim Policy 2002-2007 and the Handbook of Procedures affecting EOU, EHTP, STP, and SEZ schemes. It consolidates numerous notifications into four main ones to simplify duty-free import and procurement processes. Key changes include exemptions from Special Additional Duty for domestic sales, allowance of duty-free HSD/LDO for boilers, removal of export obligation requirements, and expanded contract farming provisions. The circular also addresses duty calculations for deemed exports, introduces 100% depreciation on capital goods, and amends the role of Customs Commissioners in SEZs. These changes aim to streamline procedures and enhance trade efficiency.
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