TaxTMI 
TaxTMI 
PROMOTIONAL MEASURES IN DEPARTMENT OF COMMERCE
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....pation in infrastructure projects including the setting up of SEZs. (iv) Meeting requiremens of capital outlay of EPIPs/EPZs/SEZs. (v) Development of complementary infrastructure such as, roads connecting the production centers with the ports, setting up of Inland Container Depots and Container Freight Stations. (vi) Stabilizing power supply through additional transformers and islanding of export production centre etc. (vii) Development of minor ports and jetties to serve export purpose. (viii) Assistance for setting up Common Effluent Treatment facilities and (ix) Any other activity as may be notified by DoC. Details of ASIDE Scheme are available at: http://www.commerce.nic.in 3.2 Market Access Initiative(MAI) (a) Under MAI scheme, Financial assistance is provided for export promotion activities on focus country, focus product basis. Financial assistance is available for Export Promotion Councils (EPCs), Industry and Trade Associations (ITAs), Agencies of State Government, Indian Commercial Missions (ICMs) abroad and other national level institutions/eligible entities as may be notified. (b) The activities that can be funded under MAI scheme include, amongst others, (....
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....India's exports. It is necessary to grant recognition to these industrial clusters with a view to maximize their potential and enable them to move up the value chain and also to tap new markets. (b) Selected towns producing goods of Rs. 750 Crore or more will be notified as TEE based on potential for growth in exports. However for TEE in Handloom, Handicraft, Agriculture and Fisheries sector, threshold limit would be Rs 150 Crores. The following facilities will be provided to such TEE's: (i) Recognized associations of units will be provided financial assistance under MAI scheme, on priority basis, for export promotion projects for marketing, capacity building and technological services. (ii) Common Service Providers in these areas shall be entitled for EPCG scheme. (iii) The projects received from TEEs shall be accorded priority by SLEPC (State Level Export Promotion Committee) for financial assistance under ASIDE. (c) Notified Towns (TEEs) are listed in Appendix 7 of HBPv1. 3.6 Brand Promotion and Quality (a) IBEF (originally called India Brand Equity Fund and later renamed as India Brand Equity Foundation) was set up by the Ministry of Commerce on 11th July, 1996, with th....
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.... below. The export performance will be counted on the basis of FOB value of export proceeds realized during current plus previous three years (taken together).For Export House (EH) Status, export performance is necessary in at least two out of four years. Status Category Export Performance FOB / FOR Value (Rupees in Crores) Export House (EH) 20 Star Export House (SEH) 100 Trading House (TH) 500 Star Trading House (STH) 2500 Premier Trading House (PTH) 7500 3.10.3 Double Weightage and other conditions for Grant of Status (a) Exporters in Small Scale Industry (SSI) / Tiny Sector / Cottage Sector, Units registered with KVICs / KVIBs, Units located in North Eastern States, Sikkim and Jammu & Kashmir, Units exporting handloom/handicrafts / hand knotted or silk carpets, exporters exporting to countries in Latin America / CIS / sub-Saharan Africa as listed in Appendix-9, Units having ISO 9000 (series) / ISO 14 000 (series) / WHOGMP/ HACCP / SEI CMM level-II and above status granted by agencies listed in Appendix-6 of HBP v1, exports of services and exports of agro products shall be entitled for double weightage on exports made for grant of status. Double Weightage shall be ....
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....1 are required to register themselves with Services EPC. Other service exporters shall register themselves with Federation of Indian Export Organisations (FIEO). 3.11.3 Common Facility Centers Government shall promote establishment of Common Facility Centers, in State and District level towns, for use by home-based service providers, particularly in areas like Engineering & Architectural Design, Multi-media operations, Software developers etc. to draw in a vast multitude of home-based professionals into services export arena. REWARD/INCENTIVE SCHEMES IN DGFT 3.12 SERVED FROM INDIA SCHEME (SFIS) 3.12.1 Objective Objective of SFIS is to accelerate growth in export of services so as to create a powerful and unique 'Served From India' brand, instantly recognized and respected world over. 3.12.2 Eligibility Indian Service Providers, of services listed in Appendix 41 of HBPv1, who have free foreign exchange earning of at least Rs. 10 lakhs in current financial year will be eligible for Duty Credit Scrip. For Individual Indian Service Providers, minimum free foreign exchange earnings would be Rs 5 Lakhs. 3.12.3 Ineligible Services and Service Providers Services and Service ....
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....f consumables including food items and alcoholic beverages. 3.12.7 Non Transferability Entitlement /goods (imported / procured) shall be non-transferable (except within group company and managed hotels) and be subject to Actual User condition. 14[However, these goods can be alienated on completion of 3 years from the date of import / procurement.] 3.12.8 Procurement from Domestic Sources Duty Credit Scrip shall be permitted to be utilised for payment of excise duty in terms of DoR notification issued in this behalf for procurement from domestic sources, in respect of items permitted for imports under SFIS Duty Credit Scrip. 3.13 VISHESH KRISHI AND GRAM UDYOG YOJANA (VKGUY) (SPECIAL AGRICULTURE AND VILLAGE INDUSTRY SCHEME) 3.13.1 Objective Objective of VKGUY is to compensate high transport costs and offset other disadvantages to promote exports of the following products : (i) Agricultural Produce and their value added products; (ii) Minor Forest Produce and their value added variants; (iii) Gram Udyog Products; (iv) Forest Based Products; and (v) Other Products, as notified from time to time. 3.13.2 Entitlement (a) Products listed in Appendix 37A of HBPv1, shall b....
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....ing manufacturer of the status holder. Such transferability would have to be endorsed on the Agri Infrastructure Incentive Scrip from relevant RA.] 3.14 FOCUS MARKET SCHEME (FMS) 3.14.1 Objective Objective of FMS is to offset high freight cost and other externalities to select international markets with a view to enhance India's export competitiveness in these markets. 3.14.2 Entitlement (a) Exporters of all products to countries notified in Table 1 and 2 of Appendix 37C of HBPv1 shall be entitled for Duty Credit Scrip equivalent to 3 % of FOB value of exports (in free foreign exchange) for exports made from 27.8.2009 onwards, unless a specific date of export/period is specified by a public notice/notification. (b) Export of products to countries notified in Table 3 of Appendix 37 C of HBP v1 will be entitled for additional Duty Credit Scrip @ 1% of FOB value of exports (in free foreign exchange) for export made with effect from 01.04.2011. 3.14.3 Ineligible Exports Categories/Sectors for FMS The following categories of export products / sectors shall be ineligible for Duty Credit Scrip, under FMS: (i) Supplies made to SEZ units; (ii) Service Exports; (iii) Diamonds ....
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....Party exports (vi) Diamond, Gold, Silver, Platinum, other precious metal in any form including plain and studded jewellery and other precious and semi-precious stones. (vii) Ores and concentrates of all types and in all formations. (viii) Cereals of all types. (ix) Sugar of all types and all forms. (x) Crude/petroleum oil and crude/primary and base products of all types and all formulations. (xi) Export of milk and milk products. (xii) Export performance made by one exporter on behalf of other exporter. (xiii) Supplies made to SEZ units. (xiv) Items, export of which requires an export authorisation (except SCOMET), will not be considered. (xv) Export of Meat and Meat Products. (xvi) Exports to Singapore, UAE and Hong Kong. Special Provision (e) The scheme is region specific and will cover exports to USA, Europe and Asian countries only. Disclaimer provisions of para 3.17.10 (b) of FTP shall not be admissible. This benefit will be over and above any benefit being claimed by the exporter under any of the Chapter 3 Schemes, therefore, provisions of para 3.17.8 of FTP 2009-14 will not be invoked for such benefit. Utilisation of Scrip (f) The duty credit scrip ....
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....er exporter. (xiii) Supplies made to SEZ units. (xiv) Items, export of which requires an export authorisation (except SCOMET), will not be considered. (xv) Export of Meat and Meat Products. (xvi) Exports to Singapore, UAE and Hong Kong. 17[(xvii) Cotton. (xviii) 20[***] (xix) Exports which are subject to Minimum Export Price or Export Duty.] Special Provision (e) The scheme is region specific and will cover exports to USA, Europe and Asian countries only. In addition export to 53 countries in Latin America and Africa ( as mentioned in Public Notice 3 dated 18th April 2013 ) will be entitled to this benefit. Disclaimer provisions of para 3.17.10 (b) of FTP shall not be admissible. This benefit will be over and above any benefit being claimed by the exporter under any of the Chapter 3 Schemes. Utilisation of Scrip (f) The duty credit scrip will be freely transferable. Such scrips shall also be eligible for domestic sourcing and for payment of Service Tax as per para 3.17.5 of Foreign Trade Policy 2009-14. ] 3.15 FOCUS PRODUCT SCHEME (FPS) 3.15.1 Objective Objective of FPS is to promote export of products which have high export intensity / employment potential, so as to....
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.... Scrip for exports of that year. 3.16.3 The Status Holders Incentive Scrip will be subject to actual user condition. However transferability will be permitted amongst status holders subject to the condition that the transferee status holder is a manufacturer. Status Holder Incentive Scrip shall be used for import of capital goods (as defined in FTP) relating to sectors specified in Para 3.16.4 below and para 3.10.8 of HBP. Only in respect of CG imported earlier, upto 10% value of the Duty Credit Scrip can be used for import of components, spares/parts of such CG. 10[SHIS can be transferred to a manufacturer group company of the scrip holder even though the group company is not a status holder. Group company is defined in para 9.28 of FTP. Such transfer will have to be endorsed by relevant RA.] 3.16.4 Status Holders of the following Sectors shall be eligible for the Status Holders Incentive Scrip: (i) Leather Sector (excluding finished leather); (ii) Textiles and Jute Sector; (iii) Handicrafts; (iv) Engineering Sector (excluding Iron & Steel, Nonferrous Metals in primary or intermediate forms, Automobiles & two wheelers, nuclear reactors & parts and Ships, Boats and Floating....
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....c procurement of such items as permitted to be imported under respective scheme. 12[(d) Duty credit scrips issued under FPS, FMS and VKGUY can be used for payment of Service Tax. Scrip holder shall be entitled to avail drawback benefits or CENVAT credit of the Service Tax debited in the said scrip in accordance with DOR rules.] 3.17.6 CENVAT / Drawback Additional customs duty/excise duty paid in cash or through debit under Duty Credit Scrip shall be adjusted as CENVAT Credit or Duty Drawback as per DoR rules, except under SFIS. 3.17.7 TRA Facility Utilization of Duty Credit Scrip for imports from a port other than port of registration shall be allowed under Telegraphic Release Advice (TRA) facility as per DoR notification. 3.17.8 Exclusivity of Entitlement Only one benefit under Chapter 3 schemes can be claimed by an exporter for a particular shipment. 3[Benefit under para 3.14.4 of FTP will not be covered under this para.] 3.17.9 Import under Lease financing Duty Credit Scrip can be utilised for payment of duty in case of import of capital goods under lease financing in terms of provision in Para 2.25 of FTP. 3.17.10 Transfer of Export Performance (a) Transfer of e....