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in Foreign Trade of India by (42.0k points)
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State any five provisions of Foreign trade policy of 2015-20.

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1. To provide domestic manufacturing, the export compulsion was reduced by 25 per cent. 

2. Under Export Promotion Capital goods Scheme (EPCG), the export compulsion for domestic realization was reduced to 75 per cent. 

3. There would be an online process for digital signature. 

4. The valid period for export authorization was increased from 12 months to 24 months. 

5. Duty Credit Script will be freely transferable and it can be used to pay custom duty, excise duty and service tax.

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