Draft Export Policy Unveiled

  • On 27th May, 2019, Commerce Ministry unveiled a comprehensive draft of the export policy which includes product- specific rules with a view to provide a ready reckoner for exporters.

Key Highlights

  • It aims at consolidating the export norms for each product andhas accorded eight digit HS codes to every product.
  • Based on inputs received from various partner government agencies, it is proposed to bring out a comprehensive exports policy for all Indian Trade Clarification (ITC) based on Harmonised System (HS) of Coding.
  • This move is for consolidating the norms and not for making any changes in the existing export policy of the ....
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