No service tax on exports, fresh incentives for SEZs

Union Commerce and Industry Minister Kamal Nath has set an ambitious target of $160 bn for FY 07-08.

By INDIATIMES NEWS NETWORK | Apr 19, 2007, 12.25 PM IST

In the foreign trade policy to be unveiled today, the Union Commerce and Industry Minister Kamal Nath has set an ambitious target of $160 bn for FY 07-08. Here are the highlights:

DEPB extended till March 2008

Focus products, focus markets scheme enlarged

Export target for FY06 -07 set at $125 bn

Gems and jewellary exports get a leg up

FDI inflow FY07-08 $16 bn

Export target for FY07 - 08 $160 bn

New incentives for agri exports

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