Presented By-Siddhant Jain

Introduction

set of guidelines or instruction issued by thecentral government from time to time in thematter related to foreign trade.

Administration of Policies

DGFT

CBEC

RBI

VAT

CO

-OR

DIN

ATIO

N

Promotion of Foreign Trade

SFIS

VKGUY

MLFPS

Served From India Scheme

Objective: accelerate growth in export of services

Incentive: eligible service providersshall be entitled to duty credit scripequivalent to 10% of the net freeforeign exchange earned during currentfinancial year.

Vishesh Krishi And Gram Udyog Yojana

Objective: To promote exports ofAgricultural products, Minor Forestproducts, Gram Udyog products &Forest Based products

Incentive: Exporters are entitled toduty credit scrip equivalent to 5% - 7%of the FOB value realized.

Focus Market Scheme

Objective: To offset high freight costand other externalities to selectinternational markets with a view toenhance India’s export competitivenessin these countries.

Incentive: Exporters are entitled toduty credit scrip equivalent to 3% - 4%of the FOB value realized.

Focus Product Scheme

Objective: To incentivize export of suchproducts which have high exportintensity/employment potential

Incentive: Exporters are entitled toduty credit scrip equivalent to 2% - 5%of the FOB value realized.

Market Linked Focus Product Scrips

Incentive: Specified Products exportedto specified countries are entitled to2% of the FOB value as duty creditscrip. This scrip can be utilized forpayment of customs duties of all freelyimportable items without the paymentof central excise duty.

Focus Product Scheme

Incentive: Enable duty free import ofinputs required for export productionADVANCE AUTHORISATION SCHEMEDuty Free Import Authorization Scheme

Export Promotional Capital Goods

Incentive: Permits exporter to procurecapital goods at concessional rate ofcustom duty/zero custom duty.

Highlights: FTP 2009-14

1. Objectives were to double our percentage share of global

merchandize trade within 5 years

2. India export in F.Y. 2013-14 fell short of the $325billion

targeted & managed to reach $312.35billion

3. Export stood at $300.4billion in 2012-13 and $307billion in

2011-12

4. Over all export rises by 3.98 % in 2013-14

5. Trade deficit of 138.56 billion dollars that is 25% of last fiscal

levels.

Facts & Figures

Facts & Figures

Expectations: FTP 2014-19

1. Current Beneficial Schemes would continue.

2. Focus changed to Make in India Product

3. Need to boost up Service Exports

4. Coverage of FMS and FPS

5. To be declared as soon as possible.