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of <h1>Foreign Trade Procedure: Status Certificates for Exporters Valid 5 Years, Applications by March 31, Appeal Process Available</h1> Chapter 3 of the Foreign Trade Procedure outlines promotional measures, including the issuance and renewal of Status Certificates for exporters, valid for five years. Applications must be filed by March 31st, with specific procedures for renewals and grace periods. Status Certificates may be refused or canceled for non-compliance or fraudulent practices, with an appeal process available. The Served from India Scheme (SFIS) and other schemes like VKGUY, FMS, and FPS provide duty credit scrips based on export performance. Specific rules govern the eligibility of foreign exchange earnings, application procedures, and proof of landing for exports. The chapter also details procedural features for promotional schemes, including jurisdictional RA, port registration, and validity of duty credit scrips.
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