EXIM Policy Benifits for Exporters

Introduction

Highlight of Exim Policy 200207

Service Exports

Status Holders

Hardware/Software

Gem & Jewellery Sector

Removal of Quantitative Restrictions

Special Economic Zones Scheme

EOU Scheme

EPCG Scheme

DEPB Scheme

DFRC Scheme

Miscellaneous

Introduction

Export Import Policy or better known as Exim Policy is a set of guidelines and instructions

related to the import and export of goods. The Government of India notifies the Exim Policy

for a period of five years (1997 2002) under Section 5 of the Foreign Trade (Development and

Regulation Act), 1992. The current policy covers the period 2002 2007. The Export Import

Policy is updated every year on the 31st of March and the modifications, improvements and

new schemes becames effective from 1st April of every year. All types of changes or

modifications related to the Exim Policy is normally announced by the Union Minister of

Commerce and Industry who coordinates with the Ministry of Finance, the Directorate General

of Foreign Trade and its network of regional offices.