1. EXIM POLICIES

2. Presentation By:
Sobiya
Afshan
Avinash
Farzana
Mahanaz
Joswin

3. EXIM-Export Import Policy
•Also known as the Foreign Trade Policy
•Every year, on the 31st of March the
government announces a supplement to this
policy
•Announced every five years
•General provisions regarding exports and
imports, promotional measures, duty
exemption schemes, export promotion
schemes, special economic zone programs
and other details for different sectors

4. Continued…
•Trade policy governs exports from and
imports into a country
• It is one of the various policy instruments
used by a country to attain the goals of
economic development
•DGFT (Directorate General of Foreign
Trade) in matters related to the import and
export of goods in India

5. History
•In the year 1962, the Government of India
appointed a special EXIM Policy Committee
to review the Government previous export
import policies
•The committee was later on approved by the
Government of India
•Mr. V .P. Singh, the Commerce Minister
announced the EXIM Policy on the 12th April,
1985

6. Objective
•To accelerate the economy by making it a globally
oriented vibrant economy and to derive maximum
benefits from expanding global market opportunities
• To stimulate sustained economic growth by providing
access to essential raw materials, intermediates,
components,' consumables and capital goods required
for augmenting production
• To enhance the techno local strength and efficiency of
Indian agriculture, industry and services, thereby,
improving their competitiveness

7. Continued…
•To generate new employment opportunities
and encourage the attainment of internationally
accepted standards of quality
•To provide quality consumer products at
reasonable prices

8. EXIM Policy Documents
The EXIM Policy of India has been described
in the following documents:
• Interim New EXIM Policy 2009 - 2010
•EXIM Policy: 2004- 2009
•Handbook of Procedures Volume I
•Handbook of Procedures Volume II
•ITC(HS) Classification of Export- Import Items

9. EXIM Policy or Foreign Trade
Policy 2009 - 2014 Highlights
•100% export oriented units for one additional
year till 31st March 2011
•The Government seeks to promote Brand India
through six or more ‘Made in India’ shows to be
organized across the world every year
• To encourage production and export of ‘green
products’ through measures such as phased
manufacturing programme for green vehicles,
zero duty EPCG scheme and incentives for
exports

10. Continued…
•Incentive available under Focus Market
Scheme (FMS) has been raised from 2.5%-3%
• Incentive available under Focus Product
Scheme(FPS) has been raised from 1.25%-2%
•Income Tax exemption to 100% EOUs under
Section 10B and 10A of Income Tax Act, has
been extended for the financial year 2010-11 in
the Budget 2009-10

11. Continued…
•Tea Sector Minimum value addition under
advance authorisation scheme for export of tea
has been reduced from the existing 100%-50%
•Time limit of 60 days for re-import of exported
gems and jewellery items, for participation in
exhibitions has been extended to 90 days in
case of USA
• Duty Free Import of samples by exporters,
number of samples/pieces has been increased
from the existing 15-50