New Delhi, April 1 -- In view of the unprecedented situation arising out of the COVID-19 pandemic, the Directorate General of Foreign Trade (DGFT) has extended the India's Foreign Trade Policy (FTP) by another year which was ending on March 31 2020.
The existing FTP 2015-20, which is valid up to March 31, 2020, is extended up to March 31 2021. Various other changes are also made — extending the date of exemption by one year and extending validity of DFIA and EPCG authorisations for import purposes, said a notification issued by the DGFT on Tuesday.
The existing sops will thus continue till March 31, 2021. The present policy, which came into force on April 1, 2015, had five-year validity up to March 31, 2020.
On March 28, export ...