ISBN : 978-93-91055-89-9
Every effort has been made to avoid errors or omissions in this publication. In spite of this, errors may creep in. Any mistake, error or discrepancy noted may be brought to our notice which shall be taken care of in the next edition. It is be responsible for any damage or loss of action to any one, of any kind, in any manner, therefrom. It is suggested that to avoid any doubt the reader should cross-check all the facts, law and contents of the publication with original Government No part of this book may be reproduced or copied in any form or by any means [graphic, electronic or mechanical, including photocopying, recording, taping, or information retrieval systems] or reproduced on any disc, tape, perforated media or other information storage device, etc., without the written permission of the publishers. Breach of this condition is liable for legal action. For binding mistake, misprints or for missing pages, etc., the publisher’s liability is limited to replacement within seven days of purchase by similar edition. All expenses in this connection are to be borne by the purchaser. All disputes are subject to Delhi jurisdiction only.
CHAPTER 1
OVERVIEW OF FOREIGN TRADE POLICY 2023
1.1-2 WTO stipulations in respect of export subsidies
1.2 FT(D&R) Act, 1992 and Rules
Foreign Trade (Regulation) Rules, 1993 -
Foreign Trade (Exemption from Application of Rules in certain cases) Order
Notifications under FT (D&R) Act, 1992
1.2-1 Administration of FT(D&R) Act
1.3 Foreign Trade Policy, 2023
1.3-1 Confusing for common person to understand policy
1.3-2 Contents Foreign Trade Policy, 2023
vide
SION
1.3-3 Matters covered by Foreign Trade Policy, 2023
SEZ
Duty Drawback and Manufacture in Customs Warehouse
FTP on continuous basis
From incentives to tax remission
Ease of doing business
Rupee payment to be accepted under FTP schemes
Towns of export excellence (TEE)
Encouraging e-commerce exports
Promoting Merchanting trade
District as export hubs
Streamlining SCOMET licensing
a b c d
Other duty exemption scheme under FTP
a b
Manufacture in Customs bonded warehouse under section 65 [or newly inserted section 65A] of Customs Act
EPCG under FTP and Project Imports Scheme under Customs
DGFT Kanak Exports
In Narendra Udeshi UOI
Uni Colloids Impex CC
BRG Iron and Steel Co. P. Ltd UOI
Himani Industries CC
TIL Ltd CC
Atul Commodities CC
Yum Restaurants (India) P. Ltd. UOI
Eurotex Industries UOI
Malik Tanning Industries UOI
BRG Iron UOI
DGFT Kanak Exports
Global Exim CC
Soubhik Exports Ltd. UOI
Uni Colloids Impex CC
In Hindustan Granites UOI
Malik Tanning Industries UOI
In Amritsar Swadeshi Woolen Mills Addl. DGFT
In UOI Asian Food Industries
Transitory provision when Import/Export Policy for particular goods is changed
Chowgule & Company Ltd. Assistant Director General of Foreign Trade
1.4-6 FTP, Excise and Customs Law form an integrated code In Sarla Performance Fibres CCE
Use of FTP in interpreting customs notifications
Tetra Pack CC
Policy Interpretation i ii iii iv v
Autolite (India) Ltd UOI
Khanna Paper Mills CC
Titan Medical Systems CC
Bhilwara Spinners UOI
CC Jupiter Exports
CC Sicpa India Ltd.
Bhilwara Spinners CC
Bussa
M S Mehta Marmo Classic CC
Garware Wall Ropes CC Sprint Services CC
Hindustan Lever Ltd. CC
GE India Tech CC
Aditya Birla Nuvo CC
Navneet Kumar Didwala CC
Jaysynth Dyechem CC
CC Neelachal Ispat Nigam UOI
Suresh Enterprises CC
Adani Exports Ltd CC Baby Marine Exports CC Baby Marine Exports CC
Navneet Kumar Didwania CCE
Kushalchand & Co CC
CC Goel Enterprises
Decision of Licensing authority about fulfilment of export obligation final Hindustan Lever Ltd. CC
CC
Shri Ram Rayons
Decision about value addition Beekay Hygiene Products CC
– Vimal Nath UOI
Navneet Kumar Didwania CCE
CC Goel Enterprises
CC AKM Trading Corporation
Akzo Nobel Non-Stock Coatings CCE
CBI&C cannot specify a substantive condition not found in FTP
Essel Mining and Industries UOI
1.7 Administration of Foreign Trade Policy by DGFT
DGFT is empowered to issue Handbook of Procedures, SION and ITC(HS). He also issues various public notices.
General Power of Review of DGFT
DGFT as a facilitator of exports/imports
(Unfortunately, ground realities are entirely different).
Committees
Norms Committee ad hoc
In Narendra Udeshi UOI
General Forms and instructions
Public Notices and circulars by DGFT under old policy continue to be valid
1.7-3 All ANFs and Appendices under FTP 2015-2020 valid upto 31-5-2023
R.K. JAIN'S FOREIGN TRADE POLICY 2023
AUTHOR : R.K. JainPUBLISHER : TAXMANN
DATE OF PUBLICATION : APRIL 2024
EDITION : 28th Edition
ISBN NO : 9789391055899
NO. OF PAGES : 1184
BINDING TYPE : PAPERBACK
Rs. 2695 | USD 36
DESCRIPTION
This book incorporates the Foreign Trade Policy 2023 and Notifications, Public Notices, Forms and Allied Act & Rules. It is an imprint edition of the Foreign Trade Policy 2023. It also includes a glossary of terms for Foreign Trade Policy & Customs.
This book is helpful for trade professionals, policy analysts, legal consultants, business owners, economic researchers, etc.
The Present Publication is the 28th Edition and has been updated till 27th March 2024 with the following coverage:
• Foreign Trade Policy Ready Reckoner
• Foreign Trade Policy 2023
• Handbook of Procedures 2023
• Appendices to Handbook of Procedures
• Aayat-Niryat Forms
• Notifications
• Allied Act & Rules
ORDER NOW