Foreign Trade Policy 2023: A Deep Dive
The much-awaited Foreign Trade Policy 2023 intends to modify various export promotion schemes and procedures for export and import. The Finance Act, 2023 has proposed changes to the Manufacture & Other Operations in Bonded Warehouse (MOOWR) Scheme. Additionally, an Amnesty Scheme has also been introduced for regularizing the Export Obligation defaults under Advance Authorisation and EPCG Scheme.
Date & Time
10
Apr 2023 | 3:00 PM - 4:30 PM
The intention has been to promote exports, attract foreign investment, expand trade and economic cooperation while simplifying procedures. It is imperative for businesses to have an in-depth understanding of the proposed changes to ensure that their organizations are prepared and well-equipped to implement the budget proposals.
Lakshmikumaran and Sridharan Attorneys is organising a webinar on Monday, 10th April 2023 from 3:00 PM – 4:30 PM, to discuss the policy changes as well as practical issues and difficulties faced by stakeholders while availing benefits under the various incentive schemes.
The webinar would also cover:
- Significant changes introduced by the Foreign Trade Policy 2023
- Amnesty Scheme for bona fide defaults in Export Obligation
- Perpetuity of the Foreign Trade Policy without any time limit
- Amendments in AA/ EPCG Scheme
- Incentive to entities involved in electronic commerce
- Intricacies of Trade Digitization
Significant Amendments to the Manufacture & Other Operations in Bonded Warehouse (MOOWR) Scheme introduced vide the Finance Act, 2023
Speaker Name
- Viswanathan T., Principal Partner & Customs Head
