Foreign Trade Policy (FTP) 2023 Highlights – The Hindu BusinessLine

FTP HighlightsFour new towns of export excellence declaredContinuation of export promotion schemesReduction in user charges for MSMEs under EPCG/AA schemesRationalisation of status holder export thresholds to benefit smaller exportersFTP benefits for settlement of trade in Indian rupeesAll FTP benefits for e-commerce exportsValue limit for export through courier increased to ₹10,00,000 per consignmentPM Mitra scheme to be eligible for EPCG benefitsBattery electric vehicles, green hydrogen, etc to have reduced EPCG export obligationDairy to be exempt from maintaining average export obligationSpecial Advance Authorization Scheme for the apparel sectorRevamp e-certificate of origin to provide for self-certificationPaperless filing of export obligation discharge applications

Foreign Trade Policy (FTP) 2023 Highlights – The Hindu BusinessLine

FTP Highlights

1. Four new towns of export excellence declared
2. Continuation of export promotion schemes
3. Reduction in user charges for MSMEs under EPCG/AA schemes
4. Rationalisation of status holder export thresholds to benefit smaller exporters
5. FTP benefits for settlement of trade in Indian rupees
6. All FTP benefits for e-commerce exports
7. Value limit for export through courier increased to ₹10,00,000 per consignment
8. PM Mitra scheme to be eligible for EPCG benefits
9. Battery electric vehicles, green hydrogen, etc to have reduced EPCG export obligation
10. Dairy to be exempt from maintaining average export obligation
11. Special Advance Authorization Scheme for the apparel sector
12. Revamp e-certificate of origin to provide for self-certification
13. Paperless filing of export obligation discharge applications