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</head>

<body lang=3DEN-US link=3Dblue vlink=3Dpurple style=3D'tab-interval:.5in'>

<div class=3DWordSection1>

<p class=3DMsoNormal align=3Dcenter style=3D'margin-bottom:0in;margin-botto=
m:.0001pt;
text-align:center;line-height:normal'><b style=3D'mso-bidi-font-weight:norm=
al'><span
style=3D'font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:"Arial","sa=
ns-serif";
mso-fareast-font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></b></p>

<p class=3DMsoNormal><o:p>&nbsp;</o:p></p>

<table class=3DMsoTableGrid border=3D1 cellspacing=3D0 cellpadding=3D0
 style=3D'border-collapse:collapse;border:none;mso-border-alt:solid windowt=
ext .5pt;
 mso-yfti-tbllook:1184;mso-padding-alt:0in 5.4pt 0in 5.4pt'>
 <tr style=3D'mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow:yes'>
  <td width=3D638 valign=3Dtop style=3D'width:6.65in;border:solid windowtex=
t 1.0pt;
  mso-border-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=3DMsoNormal align=3Dcenter style=3D'margin-bottom:0in;margin-bot=
tom:.0001pt;
  text-align:center;line-height:normal'><b style=3D'mso-bidi-font-weight:no=
rmal'><span
  style=3D'font-size:16.0pt;mso-bidi-font-size:12.0pt;font-family:"Times Ne=
w Roman","serif";
  mso-fareast-font-family:"Times New Roman"'>HIGHLIGHTS OF ANNUAL SUPPLEMENT
  2010-11 TO THE FOREIGN TRADE POLICY 2009-14<o:p></o:p></span></b></p>
  <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;tex=
t-align:
  justify;line-height:normal'><span style=3D'font-size:14.0pt;mso-bidi-font=
-size:
  12.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family:"Tim=
es New Roman"'><o:p>&nbsp;</o:p></span></p>
  <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;tex=
t-align:
  justify;line-height:normal'><span style=3D'font-size:14.0pt;mso-bidi-font=
-size:
  12.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family:"Tim=
es New Roman"'>The
  Annual Supplement 2010-11 to the Foreign Trade Policy of 2009-14 was rele=
ased
  by the <span class=3DSpellE>Hon’ble</span> Commerce &amp; Industry Minist=
er in
  New Delhi on 23.08.2010.<o:p></o:p></span></p>
  <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;tex=
t-align:
  justify;line-height:normal'><span style=3D'font-size:14.0pt;mso-bidi-font=
-size:
  12.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family:"Tim=
es New Roman"'><o:p>&nbsp;</o:p></span></p>
  <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;tex=
t-align:
  justify;line-height:normal'><span style=3D'font-size:14.0pt;mso-bidi-font=
-size:
  12.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family:"Tim=
es New Roman"'>The
  highlights of the Annual Supplement 2010-11 (Revised Edition 2010) with
  reference to ‘handicrafts’ are given below :<o:p></o:p></span></p>
  <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;tex=
t-align:
  justify;line-height:normal'><span style=3D'font-size:14.0pt;mso-bidi-font=
-size:
  12.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family:"Tim=
es New Roman"'><o:p>&nbsp;</o:p></span></p>
  <table class=3DMsoNormalTable border=3D0 cellspacing=3D0 cellpadding=3D0
   style=3D'border-collapse:collapse;mso-yfti-tbllook:160;mso-padding-alt:0=
in 5.4pt 0in 5.4pt'>
   <tr style=3D'mso-yfti-irow:0;mso-yfti-firstrow:yes'>
    <td width=3D37 valign=3Dtop style=3D'width:27.9pt;padding:0in 5.4pt 0in=
 5.4pt'>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    line-height:normal'><span style=3D'font-size:14.0pt;mso-bidi-font-size:=
12.0pt;
    font-family:"Times New Roman","serif";mso-fareast-font-family:"Times Ne=
w Roman"'>1.<o:p></o:p></span></p>
    </td>
    <td width=3D601 valign=3Dtop style=3D'width:450.9pt;padding:0in 5.4pt 0=
in 5.4pt'>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    text-align:justify;line-height:normal'><u><span style=3D'font-size:14.0=
pt;
    mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif";mso-far=
east-font-family:
    "Times New Roman"'>All handicrafts</span></u><span style=3D'font-size:1=
4.0pt;
    mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif";mso-far=
east-font-family:
    "Times New Roman"'> exports at present entitled to 5% duty credit scrip=
 on
    exports under Focus Product Scheme shall be entitled to additional bene=
fit
    of 2% of bonus over and above the existing benefit of 5<span class=3DGr=
amE>%
    .</span> The benefit shall be available on exports <span class=3DSpellE=
>w.e.f</span>.
    01.04.2010. All handicraft<span style=3D'mso-spacerun:yes'>  </span>mea=
ns 67
    items under Table 2 and 44 items under Table 5 of Appendix 37D of Hand =
Book
    of Procedure <span class=3DSpellE>Vol</span> -1 of 2009-14 <a
    href=3D"http://epch.in/Circulars/Policies/table-7.pdf">(<span
    style=3D'font-size:11.0pt;mso-bidi-font-size:10.0pt'>Excerpts of the pu=
blic
    notice no.2/(RE2010)/ 2009-14 )</span></a><span class=3DMsoHyperlink><o=
:p></o:p></span></span></p>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    text-align:justify;line-height:normal'><span style=3D'font-size:14.0pt;
    mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif";mso-far=
east-font-family:
    "Times New Roman"'>&nbsp;</span></p>
    </td>
   </tr>
   <tr style=3D'mso-yfti-irow:1'>
    <td width=3D37 valign=3Dtop style=3D'width:27.9pt;padding:0in 5.4pt 0in=
 5.4pt'>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    line-height:normal'><span style=3D'font-size:14.0pt;mso-bidi-font-size:=
12.0pt;
    font-family:"Times New Roman","serif";mso-fareast-font-family:"Times Ne=
w Roman"'>2.<o:p></o:p></span></p>
    </td>
    <td width=3D601 valign=3Dtop style=3D'width:450.9pt;padding:0in 5.4pt 0=
in 5.4pt'>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    text-align:justify;line-height:normal'><span class=3DSpellE><span
    style=3D'font-size:14.0pt;mso-bidi-font-size:12.0pt;font-family:"Times =
New Roman","serif";
    mso-fareast-font-family:"Times New Roman"'>Barmer</span></span><span
    style=3D'font-size:14.0pt;mso-bidi-font-size:12.0pt;font-family:"Times =
New Roman","serif";
    mso-fareast-font-family:"Times New Roman"'> (Rajasthan) has been added<=
span
    style=3D'mso-spacerun:yes'>  </span>in the list of<span
    style=3D'mso-spacerun:yes'>  </span>Town of Export Excellence (TEE) und=
er
    Appendix 7 of Hand Book of Procedure Vol-1<o:p></o:p></span></p>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    text-align:justify;line-height:normal'><span style=3D'font-size:14.0pt;
    mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif";mso-far=
east-font-family:
    "Times New Roman"'><o:p>&nbsp;</o:p></span></p>
    </td>
   </tr>
   <tr style=3D'mso-yfti-irow:2'>
    <td width=3D37 valign=3Dtop style=3D'width:27.9pt;padding:0in 5.4pt 0in=
 5.4pt'>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    line-height:normal'><span style=3D'font-size:14.0pt;mso-bidi-font-size:=
12.0pt;
    font-family:"Times New Roman","serif";mso-fareast-font-family:"Times Ne=
w Roman"'>3.<o:p></o:p></span></p>
    </td>
    <td width=3D601 valign=3Dtop style=3D'width:450.9pt;padding:0in 5.4pt 0=
in 5.4pt'>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    text-align:justify;line-height:normal'><span style=3D'font-size:14.0pt;
    mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif";mso-far=
east-font-family:
    "Times New Roman"'>The facility of Duty Free Import of tools under Duty
    Free Import Scrip (nonfunctional at present due to non –issue of custom=
 notification
    on the subject) shall be made operational. <o:p></o:p></span></p>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    text-align:justify;line-height:normal'><span style=3D'font-size:14.0pt;
    mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif";mso-far=
east-font-family:
    "Times New Roman"'><o:p>&nbsp;</o:p></span></p>
    </td>
   </tr>
   <tr style=3D'mso-yfti-irow:3'>
    <td width=3D37 valign=3Dtop style=3D'width:27.9pt;padding:0in 5.4pt 0in=
 5.4pt'>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    line-height:normal'><span style=3D'font-size:14.0pt;mso-bidi-font-size:=
12.0pt;
    font-family:"Times New Roman","serif";mso-fareast-font-family:"Times Ne=
w Roman"'>4.<o:p></o:p></span></p>
    </td>
    <td width=3D601 valign=3Dtop style=3D'width:450.9pt;padding:0in 5.4pt 0=
in 5.4pt'>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    text-align:justify;line-height:normal'><span style=3D'font-size:14.0pt;
    mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif";mso-far=
east-font-family:
    "Times New Roman"'>DEPB scheme valid up to 31.12.2010 has been extended=
 up
    to 30.06.2011.<o:p></o:p></span></p>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    text-align:justify;line-height:normal'><span style=3D'font-size:14.0pt;
    mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif";mso-far=
east-font-family:
    "Times New Roman"'><o:p>&nbsp;</o:p></span></p>
    </td>
   </tr>
   <tr style=3D'mso-yfti-irow:4'>
    <td width=3D37 valign=3Dtop style=3D'width:27.9pt;padding:0in 5.4pt 0in=
 5.4pt'>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    line-height:normal'><span style=3D'font-size:14.0pt;mso-bidi-font-size:=
12.0pt;
    font-family:"Times New Roman","serif";mso-fareast-font-family:"Times Ne=
w Roman"'>5.<o:p></o:p></span></p>
    </td>
    <td width=3D601 valign=3Dtop style=3D'width:450.9pt;padding:0in 5.4pt 0=
in 5.4pt'>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    text-align:justify;line-height:normal'><span style=3D'font-size:14.0pt;
    mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif";mso-far=
east-font-family:
    "Times New Roman"'>Zero Duty EPCG scheme, introduced in August 2009 and
    valid for only two years <span class=3DSpellE>upto</span> 31.03.2011, h=
as
    been extended by one more year till 31.03.2012.<o:p></o:p></span></p>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    text-align:justify;line-height:normal'><span style=3D'font-size:14.0pt;
    mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif";mso-far=
east-font-family:
    "Times New Roman"'><o:p>&nbsp;</o:p></span></p>
    </td>
   </tr>
   <tr style=3D'mso-yfti-irow:5'>
    <td width=3D37 valign=3Dtop style=3D'width:27.9pt;padding:0in 5.4pt 0in=
 5.4pt'>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    line-height:normal'><span style=3D'font-size:14.0pt;mso-bidi-font-size:=
12.0pt;
    font-family:"Times New Roman","serif";mso-fareast-font-family:"Times Ne=
w Roman"'>6.<o:p></o:p></span></p>
    </td>
    <td width=3D601 valign=3Dtop style=3D'width:450.9pt;padding:0in 5.4pt 0=
in 5.4pt'>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    text-align:justify;line-height:normal'><span style=3D'font-size:14.0pt;
    mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif";mso-far=
east-font-family:
    "Times New Roman"'>EPCG scheme has been allowed on annual basis also.<o=
:p></o:p></span></p>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    text-align:justify;line-height:normal'><span style=3D'font-size:14.0pt;
    mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif";mso-far=
east-font-family:
    "Times New Roman"'><o:p>&nbsp;</o:p></span></p>
    </td>
   </tr>
   <tr style=3D'mso-yfti-irow:6'>
    <td width=3D37 valign=3Dtop style=3D'width:27.9pt;padding:0in 5.4pt 0in=
 5.4pt'>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    line-height:normal'><span style=3D'font-size:14.0pt;mso-bidi-font-size:=
12.0pt;
    font-family:"Times New Roman","serif";mso-fareast-font-family:"Times Ne=
w Roman"'>7.<o:p></o:p></span></p>
    </td>
    <td width=3D601 valign=3Dtop style=3D'width:450.9pt;padding:0in 5.4pt 0=
in 5.4pt'>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    text-align:justify;line-height:normal'><span style=3D'font-size:14.0pt;
    mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif";mso-far=
east-font-family:
    "Times New Roman"'>Status Holder incentives scheme valid on exports up =
to
    31.03.2011 been extended by one more year for 2011-12 exports<o:p></o:p=
></span></p>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    text-align:justify;line-height:normal'><span style=3D'font-size:14.0pt;
    mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif";mso-far=
east-font-family:
    "Times New Roman"'><o:p>&nbsp;</o:p></span></p>
    </td>
   </tr>
   <tr style=3D'mso-yfti-irow:7'>
    <td width=3D37 valign=3Dtop style=3D'width:27.9pt;padding:0in 5.4pt 0in=
 5.4pt'>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    line-height:normal'><span style=3D'font-size:14.0pt;mso-bidi-font-size:=
12.0pt;
    font-family:"Times New Roman","serif";mso-fareast-font-family:"Times Ne=
w Roman"'>8.<o:p></o:p></span></p>
    </td>
    <td width=3D601 valign=3Dtop style=3D'width:450.9pt;padding:0in 5.4pt 0=
in 5.4pt'>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    text-align:justify;line-height:normal'><span style=3D'font-size:14.0pt;
    mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif";mso-far=
east-font-family:
    "Times New Roman"'>A number of measures for procedural simplification a=
nd
    reduction of transactional cost were announced as detailed in <a
    href=3D"http://epch.in/Circulars/Policies/Highlight.pdf">“highlights”</=
a> .<o:p></o:p></span></p>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    text-align:justify;line-height:normal'><span style=3D'font-size:14.0pt;
    mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif";mso-far=
east-font-family:
    "Times New Roman"'><o:p>&nbsp;</o:p></span></p>
    </td>
   </tr>
   <tr style=3D'mso-yfti-irow:8;mso-yfti-lastrow:yes'>
    <td width=3D37 valign=3Dtop style=3D'width:27.9pt;padding:0in 5.4pt 0in=
 5.4pt'>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    line-height:normal'><span style=3D'font-size:14.0pt;mso-bidi-font-size:=
12.0pt;
    font-family:"Times New Roman","serif";mso-fareast-font-family:"Times Ne=
w Roman"'>9.<o:p></o:p></span></p>
    </td>
    <td width=3D601 valign=3Dtop style=3D'width:450.9pt;padding:0in 5.4pt 0=
in 5.4pt'>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    text-align:justify;line-height:normal'><span style=3D'font-size:14.0pt;
    mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif";mso-far=
east-font-family:
    "Times New Roman"'>A number of EDI initiative as detailed in the <a
    href=3D"http://epch.in/Circulars/Policies/Highlight.pdf">“highlights”</=
a>
    were announced.<o:p></o:p></span></p>
    <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;
    text-align:justify;line-height:normal'><span style=3D'font-size:14.0pt;
    mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif";mso-far=
east-font-family:
    "Times New Roman"'><o:p>&nbsp;</o:p></span></p>
    </td>
   </tr>
  </table>
  <p class=3DMsoNormal style=3D'margin-bottom:0in;margin-bottom:.0001pt;lin=
e-height:
  normal'><o:p></o:p></p>
  </td>
 </tr>
</table>

<p class=3DMsoNormal><o:p>&nbsp;</o:p></p>

</div>

</body>

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