overseas commerce coverage: Govt extends International Commerce Coverage 2015-20 by one other 6 months

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The federal government has prolonged the International Commerce Coverage 2015-20 by six months upto September 30, 2022.

“The present International Commerce Coverage 2015-20 which is legitimate upto March 31, 2022 is prolonged upto September 30, 2022,” the Directorate Common of International Commerce mentioned in a notification.

Following the outbreak of Covid-19, the coverage was first prolonged by a 12 months to the tip of March 2020 after which to September 30.

The coverage supplies tips for enhancing exports to push financial development and create jobs and incentives below completely different schemes akin to Obligation Free Import Authorisation (DFIA) and Export Promotion Capital Items (EPCG).

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