Foreign Trade Policy

Advisory and assistance for availing benefits under various schemes

Overview

With the aim of increasing India’s overall exports, Foreign Trade Policy continually strives to raise exports, create a favorable trading environment, and stimulate sustainable economic growth. The policy focuses on simplifying procedures, providing incentives, and aligning with global trade trends to foster a conducive environment for businesses engaged in foreign trade.

How BDO India Can Help

Our services relating to Foreign Trade Policy inter- alia, cover the following:

  • Assistance in obtaining Importer Export Code (IEC) and Registration cum Membership Certificate (RCMC)
  • Obtaining approval for setting up of 100% Export Oriented Units (EOUs) and units under Software Technology Park of India (STPI) scheme and other associated approvals, etc.
  • Advising on availability of benefits under various export incentive schemes and associated conditions, including record keeping requirements 
  • Assistance in applying for and following up for obtaining various authorizations and incentives
  • Assistance in representation before the Director General of Foreign Trade (DGFT) for fixation of norms, relaxation from the conditions, removal from Denied Entity List (DEL) etc
  • Assistance in closure of authorisations, etc.
  • Assistance in submission of periodical returns
  • Assistance in disputes and investigations with the DGFT by drafting various replies and appeals and representing the businesses before the DGFT

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