The Export Import Policy (EXIM Policy)

The Govt. of India, Ministry of Commerce and Industry announces Export Import Policy every five years. The current policy cover the period 2009-2014. The Export Import Policy (EXIM Policy) is updated every year on the 31st of March and the modifications, improvements and new schemes are effective w.e.f. 1st April of every year. Chapter 6 of the Exim policy deals with Export Oriented Units and Chapter 7 deals with units in the Special Economic Zones. Similarly, Govt. of India also release the Hand Book of Procedures detailing the procedures to be followed in each of the schemes covered in the Exim Policy. The Exim Policy and Hand book of Procedures can be accessed on the Internet.