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Key Highlights of the Foreign Trade Policy, 2023

Summary The Foreign Trade Policy 2023 is a comprehensive policy framework announced by the Directorate General of Foreign Trade, Department of Commerce, Government of India. Its key objective is to promote India’s exports and enhance its competitiveness in the global market. The policy is designed to be dynamic and responsive to the emerging trade scenario, […]

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Understanding Duty Credit Scrips: Meaning and How to Sell Them

Duty Credit Scrips (DCS) Explained Duty Credit Scrip (DCS) is an export promotion benefit the Government of India provides under the Foreign Trade Policy (FTP). These incentives aim to encourage exporters to increase foreign exchange inflow into India. A DCS offers tax incentives on exports, allowing exporters to offset their import duties. It is issued […]