Foreign Trade Policy
There is a plan to establish “Diamond Bourse(s)”: Foreign Trade Policy 2009-10
The Commerce Minister Anand Sharma unveiled the Foreign Trade Policy today. Highlights for the Gems & Jewellery Sector is as followes:
* Government has decided for a new facility to allow import on consignment basis of cut and polished diamonds for the purpose of grading/certification purposes has been introduced.
* In addition, it is planned to establish [...]
Foreign Trade Policy 2009-10 to provide a fillip to the marine sector
* Marine sector will get additional flexibility under Target Plus Scheme (TPS) / Duty Free Certificate of Entitlement (DFCE) Scheme for Status Holders.
* Fisheries have been included in the sectors, which are excused from maintenance of average EO under EPCG Scheme, subject to the condition that Fishing Trawlers, boats, ships and other similar items shall [...]
Highlights of Foreign Trade Policy 2009
The Commerce Minister Anand Sharma unveiled the Foreign Trade Policy today.
Some of the highlights of new Foreign Trade Policy 2009-14:
” Export target of USD 200 billion is set for next fiscal
” Extension of income tax holiday for export units for one more year and continuance of duty refund scheme till December 2010 and enhanced assistance [...]
