Andees Consulting
A-9 , (IInd Floor ), Chittranjan Park
New - Delhi -110019
Tel: +91-11- 41600470
Fax: +91-11- 26272255
E-mail: info@info@andees.com

Foreign Trade Policy Restrictions for Imports / Exports Import Duty Structure Project Imports Payments for Imports / Exports Customs Procedures and SVB matters Promotional Measures for Exports Duty Exemption Scheme EPCG: Export Promotion Capital Goods Schemes EOU, STP, EHTP, BTP Deemed Exports Duty Drawback Special Economic Zones Doing Business in India

Promotional Measures for Exports

Promotional Measures give direct incentives to the exporters for

Market Access Initiatives (for studies, brochures etc.),
Marketing Development Assistance for participation in trade fairs etc.
Providing services to international market
Marketing in difficult markets like certain African, Latin American and CIS markets
Marketing difficult products like those from rural areas.
Special agricultural products, and rural industrial products.
Achieving quantum growth in exports

Some of the more popular scheme are :

SFIS (Served from India Scheme)

Gives a value of 10% of the FE earned from export of services in the previous/current year in the form of duty credit script.

The Script can be used for duty free procurement of any Capital Goods or consumables related to service sector or manufacturing business of the script holder, from International as well as domestic sources. In case of Hotels and Restaurants it can be used even for import of foods items and liquor.

Is Actual User and non transferable (except within the group)

VKGUY (Vishesh Krishi and Gram Udyog Yojna)

The scheme offers a duty credit script equivalent to 3% to 5% of FOB value of exports of certain agricultural & forest products. For flowers fruits and vegetable exporters it will be 7% depending upon the benefits they are availing.

The script is transferable to other importers

AIIS (Agri Infrastructure Incentive Scrip)

The scheme offers a duty credit script equivalent to 10% of FOB value of agricultural exports for a particular year with certain condition. Under this scheme agricultural exporter can import specified capital goods.

The script is non-transferable to other importers

FMS (Focus Market Scheme)

The scheme incentivizes exports to Certain Latin American, African ,CIS Countries. It offers 3-4% of the FOB value of exports in the form of duty credit script, which is transferable

FPS (Focus Products Scheme)

The scheme incentivises exports of certain items of high export potential. It offers 2-7% of the previous years exports in the form of duty credit script, which is transferable.

(MLFPS) Market Linked Focus Product Scrip

The scheme incentivises exports of certain items of high export potential to specified international markets. It Provides upto 2% of previous year's exports in the form of a duty credit script.

SHIS (Status Holder Incentive Scrip)

The scheme incentivizes exports of certain Status Holder @ 1% of their FOB value . It offers 3-4% of the FOB value of exports in the form of duty credit script, which is transferable

All the above except SFIS/SHIS/Incremental can also be availed by EOU/EHTP/BTP who are not availing of direct tax benefits/exemptions.

WHAT WE DO:

We assist in identification of the benefits available under the relevant scheme. Further we will do documentation required, application preparations, representation and coordination with DGFT and other concerned Government Departments till the receipt of final script. Later we will assist you in actually realizing the value of the script in cash.