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of <h1>Key Changes to Foreign Trade Policy 2015-20 Under GST: New Authority Terms and Adjusted Duty Credit Scrips Rules.</h1> Effective July 1, 2017, under the GST regime, key changes are made to the Foreign Trade Policy (FTP) 2015-20. The term 'Central Excise Authority' is replaced with 'Jurisdictional Customs Authority.' Duty Credit Scrips cannot be used for GST payments. Imports under Advance Authorisation are exempt from certain duties but require IGST payment with input tax credit eligibility. The Advance Release Order facility is limited. EOUs can import goods duty-free but must pay integrated tax and compensation cess, offset by input tax credit. Domestic procurements require GST payment, with tax neutralization through input tax credit. Deemed export benefits are adjusted under GST provisions.
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