Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →


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<h1>Foreign Trade Policy 2004-2009 Updates: New DFIA Scheme, Target Plus Scheme Removed, EPCG and Advance Licence Schemes Modified.</h1> The Foreign Trade Policy 2004-2009 has been updated to introduce the Duty Free Import Authorization (DFIA) Scheme, replacing the DFRC Scheme, and to eliminate the Target Plus Scheme. The DFIA Scheme allows duty-free import of inputs for export production with a minimum value addition of 20%. The Vishesh Krishi & Gram Udyog Yojana now includes village industry products but excludes EOUs and SEZ units. Changes to the EPCG Scheme allow export obligation period extensions with conditions. The Advance Licence Scheme and Served from India Scheme have been modified, affecting duty credit entitlements and import conditions. Additional procedural changes and clarifications have been made to enhance trade facilitation.