R.K. Jain's Foreign Trade Policy 2023

R.K. Jain's Foreign Trade Policy 2023 is a comprehensive reference work that provides an in-depth view of India's foreign trade regulations, policy frameworks, and procedures. It is a trusted reference for understanding the evolving paradigms of foreign trade, reflecting the government's ongoing initiatives, amendments, and best practices in international trade. This Edition integrates recent policy changes, highlights administrative simplifications, and offers a Ready Reckoner for quick reference.

This book is intended for the following audience:

• Exporters and Importers – Whether established or aspiring, businesses engaged in cross-border trade will find clarity on regulations, licensing, and compliance requirements
• Legal and Compliance Professionals – Advocates, consultants, and in-house counsel can rely on the text for authoritative references to legislation, procedures, and official guidelines
• Students and Academics – Ideal for universities and research institutions offering courses in international business, commerce, or law, providing structured insights into India's foreign trade policies
• Policy Makers and Government Officials – A valuable resource for understanding recent reforms, policy rationales, and administrative mechanisms

The Present Publication is the 29^th Edition | 2025, updated till 3^rd April 2025. This book is edited by Centax’s Editorial Board with the following noteworthy features:

• [Foreign Trade Policy Ready Reckoner] A concise, user-friendly tool that summarises critical provisions, eligibility criteria, and compliance steps for a quick grasp of policy essentials
• [Up-to-Date Legislation & Notifications] Incorporates all major changes and updates introduced up to 3^rd April 2025, including the latest notifications, circulars, and allied rules that shape India's export-import landscape
• [Handbook of Procedures 2023] Offers step-by-step guidance on procedure, documentation, and policy compliance, supplemented by practical examples and flowcharts
• [Appendices & Aayat-Niryat Forms] Comprehensive collection of relevant forms and appendices, tailored to facilitate smooth application, licensing, and authorisation processes
• [Coverage of E-Commerce Exports & Emerging Sectors] Reflects recent policy thrusts on facilitating e-commerce exports, merchant trade, and green technology exports
• [Amnesty Scheme & SCOMET Licensing] Detailed analysis of the special one-time amnesty scheme for default in export obligations, along with a streamlined overview of SCOMET guidelines
• [Extensive Cross-references & Glossaries] Includes a clear glossary of acronyms and cross-references for easy navigation and deeper understanding
• [Historical Perspective] Traces the Edition of India's Foreign Trade Policy from the 1^st Edition (2000) to the 29^th Edition (2025), reflecting the country's journey through various economic phases
• [Relevance to MSMEs] Highlights concessions and reduced fees for MSMEs, making the policy more inclusive and encouraging small-scale exporters to engage in international trade

The coverage of the book is as follows:

• Foreign Trade Policy 2023
  • Comprehensive text of the policy outlining principles, objectives, and the Government's approach to boosting India's exports through simplification, incentivisation, and international collaboration
• Ready Reckoner
  • Summaries and quick reference guides that encapsulate complex regulations into digestible checklists and bullet points
• Handbook of Procedures 2023
  • Detailed procedural guidelines for obtaining and fulfilling Export Promotion Capital Goods (EPCG) authorisations, Advance Authorisations, and other schemes
• Appendices
  • Exhaustive coverage of all reference materials—mandatory notifications, advisory circulars, classification lists, and format templates essential for foreign trade transactions
• Aayat-Niryat (ANF) Forms
  • A full suite of frequently used forms required to navigate the export-import ecosystem, supplemented by instructions and samples for error-free submission
• Notifications & Allied Act & Rules
  • Important statutory instruments that shape the operational landscape of exports and imports—compiled systematically for quick reference

The structure of the book is as follows:

• Abstract of Contents – A snapshot of key portions (Glossary, Key Highlights)
• Part 1 | Foreign Trade Policy Ready Reckoner – Fast-paced overview; highlights major themes, shifts, and compliance pointers
• Part 2 | Foreign Trade Policy 2023 – Full text of the policy, with explanatory notes and practical illustrations
• Part 3 | Handbook of Procedures 2023 – Step-wise elaboration of procedures, documentation pathways, and compliance frameworks
• Part 4 | Appendices to Handbook of Procedures – Additional clarifications and reference documents for specialised or sector-specific requirements
• Part 5 | Aayat-Niryat Forms – Collection of mandatory application forms for licenses, registrations, and allied processes
• Part 6 | Notifications – Compilation of all relevant government notifications that update or modify trade policies
• Part 7 | Allied Act & Rules – Selected statutes and rules essential for complete regulatory compliance
• List of Notifications – Quick reference index to notifications discussed or included in the publication