Market Diversification incentives expanded to promote exports to emerging markets, with targeted sectoral support and upgraded technology schemes. The Policy expands market diversification by enlarging Focus Market and Market Linked Focus Product Schemes and increasing incentive rates to promote exports to emerging regions. It advances technological upgradation through simplified and zero-duty EPCG schemes, a minimum value addition requirement under Advance Authorisation, and inclusion of more products for focus incentives. Status holders receive additional duty credit scrip for capital goods imports subject to actual user conditions. Sector specific operative measures provide duty free input entitlements, customs exemptions for effluent treatment machinery, re export permissions, fast track clearances, and earmarked MAI/MDA funds to support targeted export sectors and North Eastern region products.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Market Diversification incentives expanded to promote exports to emerging markets, with targeted sectoral support and upgraded technology schemes.
The Policy expands market diversification by enlarging Focus Market and Market Linked Focus Product Schemes and increasing incentive rates to promote exports to emerging regions. It advances technological upgradation through simplified and zero-duty EPCG schemes, a minimum value addition requirement under Advance Authorisation, and inclusion of more products for focus incentives. Status holders receive additional duty credit scrip for capital goods imports subject to actual user conditions. Sector specific operative measures provide duty free input entitlements, customs exemptions for effluent treatment machinery, re export permissions, fast track clearances, and earmarked MAI/MDA funds to support targeted export sectors and North Eastern region products.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
AI OCR ✕
of 
TaxTMI 
TaxTMI 
