Foreign Trade Policy

Foreign Trade Policy

We assist our clients in staying compliant as well as in availing maximum benefit under the incentive schemes under the Foreign Trade Policy. Our services include:

Export Incentives

Registrations under FTP

Obtaining the Importer Exporter Code (IEC)
Registration cum Membership Certificate from Export promotion council or Commodity Board
Obtaining Industrial Entrepreneur Memorandum (IEM)
Digital signature – Class 2 / 3 for e-com filing
Amendment/Surrender of IEC/RCMC

Service Export from India Scheme (SEIS)

Service export – benefits & eligibility study
Filing of application under SEIS Scheme
Follow up with DGFT for release of scrip
Support in utilisation or transfer of scrip
Compliance – record keeping etc.

Export Incentive Schemes – MEIS / RODTEP

Filing of application under MEIS/RODTEP scheme
Follow up with DGFT for issuance of scrip
Support in utilisation or transfer of the scrip
Ice Gate registration for electronic ledger
Compliance – record keeping etc.

Transport Marketing Assistance (TMA) Scheme

Review of Commodity & HS Classification/country/FOB value and freight payments/cargo review – container/air
Evaluate eligibility for benefit
Filing application and follow-up for release of proceeds
Record keeping etc.

Duty Exemption Schemes & Deemed Exports

Advance Authorisation & Duty-Free Import Authorization

Review exports of goods / eligibility for benefits
Filing of application with DGFT and follow-up issue of scrip
Export and import operations, export obligation monitoring
MIS and filing the application for Export Obligation Discharge Certificate (EODC)/Bond/BG Cancellation at Customs
Automation

Deemed Exports

Review export/import of capital goods/ eligibility for benefits /filing of application with DGFT
Follow up for issue of scrip
MIS and filing application for GST refund, duty drawback, etc.
Export Obligation Discharge Certificate (EODC)/Bond/BG Cancellation at Customs

Export Promotion Capital Goods (EPCG) Scheme

Review the import of capital goods/eligibility for benefits
Filing of application with DGFT, follow-up for issue of scrip
Export and import operations, installation of CG, monitoring of export obligation, average export review, annual return
MIS and filing application for Export Obligation Discharge Certificate (EODC)/Bond/BG Cancellation at Customs

DGFT HQ, New Delhi – Trade Advisory & Representation

Norms fixation/revision under duty exemption scheme
Representation at Policy Relaxation Committee
Nexus Approval for import of capital goods under EPCG Scheme
Denied Entity List (DEL) removal representation
Litigation & trade dispute management under Foreign Trade Development Regulation (FTDR) Act

Export Oriented Units – (EOU, EHTP, STPI, BTP)

EOU Scheme

Review exports of goods/eligibility for benefits
Filing of application with Development Commissioner
Follow-up with Unit Approval Committee (UAC)
Legal Undertaking (LUT), Green Card & B-17 Bond Execution
Export and import operations
Job Work and other permissions as needed

Exit / Debonding from the Scheme

Inventory verification/tagging of assets
Debonding application/verification of assets
Permission from GST/Custom/DC for Exit/Approval for the scheme/Custom duty payment
Relocation/Merger/Consolidation of LOP etc.

Compliance Management

Maintenance of records and registers
Filing of monthly returns /Quarterly Progress Report (QPR)/annual progress report/DTA sales permission
Filing of SOFTEX Forms / CA Certification
Liaise with DC office/Board of Approval (BOA)/work from home permission etc.
Renewal of Letter of Permission (LOP)/broad banding

Litigation/Advisory Support