Following are the highlights of the Mini Exim Policy:
- QRs removed on gold, silver, power and air guns.
-
Export of fertilisers liberalised.
- Duty free import for heritage and small hotels.
- DFES allowed on imports of all capital goods.
- Ceiling of export of gifts raised to Rs 500,000.
- Import of prototypes to be allowed for R&D.
- E-commerce initiatives introduced.
- Duty free fuel allowed.
- Gold Card scheme for credit-worthy exporters.
- Drawback band rates for deemed exports decentralised.
- Deemed export benefits for zero duty items.
- Equity base of ECGC hiked to Rs 800 crore.