HEPC/EP/Policy/2015-16
April 1, 2015
Sub: Highlights of Foreign Trade Policy 2015-2020-reg.
Sir/Madam,
We are furnishing highlights of Foreign Trade Policy 2015-2020 announced on April 1, 2015.
FTP 2015-20 introduces two new schemes namely Merchandise Exports from India Scheme (MEIS) for export of specified goods to specified markets and Services Exports from India Scheme (SEIS) for increasing exports of notified services.
Earlier there were 5 different schemes (Focus Product Scheme, Market Linked Focus Product Scheme, Focus Market Scheme, Agri. Infrastructure Incentive Scrip, VKGUY) for rewarding merchandise exports with different kinds of duty scrips with varying conditions (sector specific or actual user only) attached to their use. Now all these schemes have been merged into a single scheme, namely Merchandise Export from India Scheme (MEIS) and there would be no conditionality attached to the scrips issued under the scheme.
Members may kindly download the full text of Highlights, Foreign Trade Policy & Foreign Trade Procedure at https://www.dgft.gov.in/.
We request Member Exporters to kindly furnish views/comments on Foreign Trade Policy 2015-2020 before April 7, 2015.
Thanking you,
Yours faithfully,
R.Anand,
Executive Director