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Alignment of export product codes: draft VKGUY/FPS/MLFPS posted for stakeholder feedback; duty credit rates and deadlines specified. DGFT issued a Trade Notice seeking stakeholder views on draft revisions to Appendix 37A (VKGUY) and Appendix 37D (FPS and MLFPS) to align item descriptions with ITC (HS) classification. Draft appendices listing eligible export items and admissible duty credit rates (VKGUY largely 5%; FPS/MLFPS bonus benefits typically 2% or 5%) are posted on the DGFT website; stakeholders were invited to submit feedback by e mail by the stated deadline. Exports via specified Land Custom Stations attract an additional 1% Duty Credit Scrip.
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Alignment of export product codes: draft VKGUY/FPS/MLFPS posted for stakeholder feedback; duty credit rates and deadlines specified.
DGFT issued a Trade Notice seeking stakeholder views on draft revisions to Appendix 37A (VKGUY) and Appendix 37D (FPS and MLFPS) to align item descriptions with ITC (HS) classification. Draft appendices listing eligible export items and admissible duty credit rates (VKGUY largely 5%; FPS/MLFPS bonus benefits typically 2% or 5%) are posted on the DGFT website; stakeholders were invited to submit feedback by e mail by the stated deadline. Exports via specified Land Custom Stations attract an additional 1% Duty Credit Scrip.
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