Since we are Polyester FDY Yarn Producer and recently our Product is included under the Scheme, Focus Product Scheme where we can avail credit scrip @ 2% on FOB. Apart from this EU and US and Egypt (Our Main Target Market) are recently included under Market Linked Focus Product Scheme, where we can avail Credit Scrip @ 2% on FOB. Apart from this we can avail Duty Draw Back @ 5% on FOB under Duty Draw Back Scheme.
Here My Question is, “Can we avail All the schemes i.e. Duty Draw Back, FPS, MLFPS, EPCG License Scheme together?”
Thanks and Best Regards,
Devendra Kumar
+91-9909854514
Exporters can combine Duty Draw Back, FPS, MLFPS, and EPCG benefits, but not Advance Authorisation with Duty Draw Back. An exporter inquired whether they could simultaneously avail multiple export incentive schemes, including Duty Draw Back, Focus Product Scheme (FPS), Market Linked Focus Product Scheme (MLFPS), and EPCG License Scheme. Responses clarified that while it is permissible to combine Duty Draw Back, FPS, MLFPS, and EPCG License benefits, combining Advance Authorisation or DEPB with Duty Draw Back is not allowed. Additionally, only one of FPS or MLFPS can be availed at a time, though SHIS can be combined with either FPS or MLFPS. (AI Summary)