Amendment to Foreign Trade Policy: New Para 3.10.8 Grants 2.5% Duty Credit Scrip for Special Exports.
Notification No. 78/2008, dated January 14, 2009, amends the Foreign Trade Policy under the authority of the Foreign Trade (Development and Regulation) Act, 1992. It introduces a new provision, Para 3.10.8, which specifies that for exports of special products or sectors, a duty credit scrip of 2.5% of the FOB value of exports will be granted. The eligible products, sectors, linked markets, and applicable export dates will be detailed in Table 12 of Appendix 37D of the Handbook of Procedures, Volume 1. This amendment is issued in the public interest.
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