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ICAI Releases Handbook on Foreign Trade Policy- Incentives, Schemes & Related FAQs

13 December 2025Nidhi
ICAI Releases Handbook on Foreign Trade Policy- Incentives, Schemes & Related FAQs

ICAI Releases Handbook on Foreign Trade Policy- Incentives, Schemes & Related FAQs

The Institute of Chartered Accountants of India (ICAI) has released a revised edition of its Handbook on Foreign Trade Policy- Incentives, Schemes & Related FAQs. The publication has been brought up by the GST & Indirect Taxes Committee of ICAI and serves as a practical guide for professionals, exporters, and other stakeholders involved in foreign trade.

A Foreign Trade Policy (FTP) outlines rules for a country’s imports and exports, aiming to boost global trade and support domestic industries. The policy covers import/export rules, duty benefits, etc. It facilitates the flow of goods and services and promotes investment in technology.

The ICAI’s Handbook explains the FTP rules in a simplified and user-friendly manner, focusing on topics like the MOOWR Scheme, Promoting Cross-Border Trade in the Digital Economy. The handbook is updated with the amendments made up to 31 October 2025. It also provides revised guidance on key schemes like RoDTEP, EPCG, and Advance Authorisation.