import policy of india plz give a brief note on this topic
Answers
liberalize imports and boost exports, the Government of India for the first time introduced the Indian Exim Policy on April I, 1992. ... Such amendment shall be made by means of a Notification published in the Gazette of India. Export Import Policy is believed to be an important step towards the economic reforms of India.
The Foreign Trade Policy (FTP) was introduced by the Government to grow the Indian export of goods and services, generating employment and increasing value addition in the country. The Government, through the implementation of the policy, seeks to develop the manufacturing and service sectors.
Answer:
In India, import and export products are managed by Foreign Trade (Development and Regulation) Act, 1992 and India's Export Import (EXIM) Policy. The Indian Directorate of Foreign Trade (DGFT) is the main administrative body responsible for all matters related to EXIM policy. All imports should be followed by extensive customs clearance when importing goods in India. Extensive view of EXIM practices Indian Directorate of Indian Valuation Website.