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FOCUS MARKET SCHEME

Vidya Sagar Jha

Dear Sir,

We have a shipment to Republic of Congo. (Focus Market Code : A 047 & Focus Country Code : 459)

Kindly advice what is the processor to get benefit of Focus Market Scheme (2.5% of FOB). Anything has to done at the time of shipment or will be get through post shipment Application.

Urgently advice me accordingly.........

Guidance on Focus Market Scheme: File online with DGFT, submit customs forms, mention country in shipping bill. A participant inquired about the procedure to benefit from the Focus Market Scheme for a shipment to the Republic of Congo, seeking guidance on whether actions are needed during or after shipment. One respondent detailed the process, emphasizing the need to file an online application with the Directorate General of Foreign Trade (DGFT) and submit various documents, including customs-attested forms and proof of landing. Another respondent simplified the advice, stating that only the country needs to be mentioned in the shipping bill. The discussion included references to public notices and amendments related to export procedures. (AI Summary)
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