Govt, announces fresh incentives for exporters, SEZs

摘要

The Government has announced a fresh package of incentives for exporters to boost shipments from the country as merchandise exports declined 1.76% to $30.0.57 billion in 2012-13 fiscal compared with $304 billion in the previous year. The main attractions of the Foreign Trade Policy for 2013-14 include extension of zero duty Export Promotion Capital Goods (EPCG) scheme that allows duty free import of capital goods to all sectors, widening the interest subvention scheme for the engineering and textiles sector, allowing use of duty credit scrip beyond duty free imports, and permitting the transferability of status holder incentive scheme.