August 24, 2010
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Export incentives expanded and streamlined to promote diversification, technological upgradation and reduced transaction costs for exporters.
The Supplement expands and extends export incentive schemes and procedural reforms to enhance competitiveness, including bonus additions to the Focus Product Scheme, inclusion of new products in FPS, extension and sectoral widening of zero duty EPCG and Status Holder Incentives for technological upgradation, continuation of DEPB and concessional export credit, streamlined Advance Authorization and EPCG procedures, EDI enhancements such as e RCMC and offline modules, and targeted sectoral measures for leather, handloom, textiles, engineering, electronics, toys, agriculture and services.