The information provided here is part of Export Import Training online
Update: 01st April 2015 – Click here to read Foreign Trade Policy of India 2015-20 (FTP 2015-20) Foreign Trade Policy 2015-20.pdf
Click here to read about DFIA under Foreign Trade Policy of India 2015-20
Risks and solutions in Import Export business
How does Letter of Credit work?
How to protect buyer and seller in triangular exports?
How to export goods from India?
High sea sales procedures and formalities
Types of export containers and dimensions
When does exporter get EP copy of shipping bill after customs clearance
Indian customs duty, excise duty and service tax changes as per Budget 2015-16
Foreign Trade Policy 2015-20 (FTP 2015-20) – The impact in Duty Free Import Authorization DFIA.
New foreign trade policy is likely to be declared on 1st April, 2015.
By fixing value addition of 20%, DFIA has been introduced in 2006 to help exporters to boost exports. As per Foreign Trade Policy 2009-14, transferability of authorization/ material imported against the authorization is permitted once after export obligation is completed. As per Foreign Trade Policy, the inputs can be imported either from foreign country or sourced from domestic country on payment of additional duty, once transferability has been endorsed. Necessary operationalization has been effected in 2009 on DFIA under Foreign Trade Policy.
Foreign Trade Policy insists Customs department to implement an institutional mechanism to monitor DFIA. Once in three months period, customs need to ensure that users (exporters) meet export obligation, failing which action need to be taken against defaulters - Foreign Trade Policy insists.
Foreign Trade Policy on DFIA has also been amended in 2011 in relation to CENVAT credit rebate who availed under dutiable goods.
I hope, new Foreign Trade Policy 2015-20 (FTP 2015-20)maintains status quo on DFIA scheme after effecting minor amendments.
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Only three mandatory documents required for exports and imports
Merge your commercial invoice and packing list for all your future exports
How to cover credit risks in export business?
Bank pre shipment loan to exporters in India
Packing credit finance to exporters
Click here to go back to INDIAN BUDGET 2014-2014 highlights
Excise and Customs - Click here to read complete notification under Budget 2014
Service Tax - Click here to read complete notification under Budget 2014
Bank finance to exporters as pre shipment finance
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Liquidation of Bank pre shipment finance to exporters
Running account facilities for bank export finance
Pre shipment bank finance to suppliers for exports through other agencies
Conditions to get export loans from banks to sub suppliers
Are construction projects eligible for Bank pre shipment loan?
Bank Packing credit to exporters of Floriculture, Grapes and Other Agro-based Products
What is Bank post shipment credit to exporters?
Period of post shipment credit by bank to exporters
Types of export containers
Measurement of export containers
Export Import Policy of India 2015-20
MEIS, Merchandise Exports from India Scheme
SEIS, Service Exports from India Scheme
Merge your Commercial Invoice and Packing List for all your future exports
Export procedures and documentation
Documentation and procedures to import Live Animals
Bank financial benefits to Exporters
What is post shipment credit to exporters?
How to amend consignee (importer) name in Import General Manifest (IGM)
How many of you know the meaning of Exports and Imports in India?
How many types of imports in India. Types of bills of Entry in India
How does STP units work in India?
How does TT (Telegraphic Transfer) work?
Tips to exporters on Documentation
What is LET EXPORT order in export trade?
What is LC Letter of Credit in export import business
What is legalization of documents by embassy?
How to overcome Negative thoughts in export business
How to prepare an Export Invoice. Contents of Export commercial Invoice:
How to solve exchange rate variation in export business:
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Is THC same in all ports
KINDS OF LOSSES in Marine Insurance
SEZ benefits
Is sales tax applicable on shipments effected under high sea sales
Is Seaway bill a document of title? What is Seaway bill.
Payment terms
We have IEC, can we export from all ports?
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POD Proof of Delivery – How important in Imports
Post export incentives
Who gets benefited with my articles in this website
Options under central excise clearance
Packing of export goods - How important in International business?
Parties in LC
Who can inspect import cargo in US
When can an exporter release bill of lading from shipping company?
When does exporter get EP copy of shipping bill after customs clearance
Procedure for Central Excise Clearance Under Claim of Rebate
Procedure to claim Duty Drawback
Is Airway bill a documents of title?
Is Customs House Agents (CHA ) required to be appointed mandatory?
Is DP terms of payment safe in export business?
Sea carriers
Formalities to import Photographic products or cinematographic materials
How to import Perfumery, toilet preparations, oils
Documents required to import Paints, putty, Dyes, Tanning extracts
Why labeling and marking in Export business?
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How to obtain GSP - Certificate of Origin?
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The legal strength of Bill of Exchange in International Trade. What is Bill of Exchange in International Trade.
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The term LCL. What does LCL mean?
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How to make delay in delivery of Shipment?
Shipping lines worldwide
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What is the difference between re-exports and re-imports
How does First Appraisement system of import customs clearance procedures work?
How does Letter of Credit work?
Rummaging
Importance of Bill of Lading
Introduction to this web site
Post shipment finance in Export Business
PRECAUTIONS TO BE TAKEN WHILE USING CONTAINERS FOR EXPORTS
Printing machine error with customs – Un able to hand over documents to carrier.
Procedure and Documentation for Filing Claim of Marine Insurance.
What is VACIS exam in US import customs clearance
Procedures and documentation on Triangular shipments
Procedures for Re-imports
What are the legal documents in exports
Offices to obtain RCMC
Who decides shipping carrier on FOB shipments
Payment procedures in Triangular exports
Procedures to claim brand rate of draw back
Re warehousing procedures under STP and EOU units.
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