Revised and updated FTP, 2015-2020
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Foreign Trade Policy update: revised FTP 2015-20 notified, aligning incentives with GST, expanding trade facilitation and export schemes.
The Central Government notifies the revised Foreign Trade Policy 2015-2020 effective 05.12.2017 under Section 5 of the FT(D&R) Act. It updates export incentive frameworks (MEIS/SEIS) granting transferable Duty Credit Scrips, revises duty-exemption/remission schemes (Advance Authorisation, DFIA, EPCG) including a Self Ratification route and sectoral rules for gems and jewellery, and prescribes actual user, value addition and SION-based input accounting. The Policy expands digital trade facilitation (e IEC, e BRC, single window, AEO), strengthens RMS/audit and enforcement mechanisms, and maintains prohibitions/restrictions and transitional arrangements.