Foreign Trade Policy (FTP)
Foreign Trade Policy 2015-20 provides a framework for increasing exports of goods and services as well as generation of employment. The focus of the new policy is to support both manufacturing and service sectors, with a special emphasis on improving the "ease of doing business".
Our team helps clients to take various benefits available under the Foreign Trade Policy Scheme 2015-20 and provide advisory and operational assistance for benefits under free trade and regional trade agreements.
Trade Facilitation and Compliance:
- Providing advisory and operational assistance for benefits under free trade and regional trade agreements
- Obtaining required registrations and licenses
- Help in identifying and availing benefits under Foreign Trade Policy schemes
- Setting up and operationalising EOUs, STP units or SEZ units
- Assistance in exit from the EOU, STP or SEZ schemes
- Import-Export Code
- Applying to DGFT for star house registration status certification in order to various benefits provided to Star House under FTP
- Advance Authorization Scheme in case of importer of input raw material which shall be physically incorporated in export products
- Conversion of DTA unit in to EOU unit
- EOU/STPI/EHTP/BTP units such as procurement of imported goods without payment of custom duty, procurement of permissible capital goods etc.
- Assistance in audits/investigations carried out by tax authoritie
- Other DGFT works
- Setting up and operationalizing EOUs, STP units or SEZ units
- Assistance in exit from EOU/SEZ to DTA
- Compliance services in case of STPI such as:
- Monthly/Quarterly and Annual Performance Report etc.
- Obtaining various approvals from STP Authorities for various activities such as:
- Re-export of duty exempted Capital goods
- Import of duty-free goods
- Import of second-hand Capital Goods
- De-bonding
- Change of name/location etc.
Representations:
- Representing on tax and trade policy issues before relevant government authorities
- Assistance in developing economic justifications for tariff or non-tariff concessions
- Assisting in anti-dumping and other non-tariff proceedings