DGFT reviews Foreign Trade Policy 2015-20 & GST

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New Delhi : In order to take stock of the exports situation in the post GST regime, a meeting of all Regional Authorities of Directorate General of Foreign Trade (DGFT) and the SEZ Commissioners under the chairmanship of Director General of Foreign Trade, is being held on 10th and 11th August, 2017 in New Delhi.

Regional Authorities, which are interfacing with the exporter community, will deliberate  and give specific suggestions on GST and Mid-Term review of Foreign Trade Policy (FTP) 2015-20. These include measures for boosting employment generation, continued capacity  building of export oriented Medium and Small Enterprises (MSMEs) and various concerns of exporters while importing raw materials under the GST regime. Also, measures to simplify  the various applications under the Foreign Trade Policy, including IEC, ANFs (Aayat Niryat Forms) and other procedural steps to facilitate “ease of doing business” are being  deliberated.

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The focus of the meeting is to clarify to Regional Authorities about various aspects of GST and to gain field-level stakeholder inputs on Mid-Term Review of Foreign  Trade Policy so as to enhance export. This is expected to growth momentum achieved recently in India’s exports is maintained and the export of goods and services remain  competitive in the International market.

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