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TMI BlogPROMOTIONAL MEASURESX X X X Extracts X X X X X X X X Extracts X X X X ..... MAI scheme, intended to provide financial assistance for medium term export promotion efforts with sharp focus on a country / product, and is administered by DoC. Financial assistance is available for Export Promotion Councils (EPCs), Industry and Trade Associations (ITAs), Agencies of State Governments, Indian Commercial Missions (ICMs) abroad and other eligible entities as may be notified. A whole range of activities can be funded under MAI scheme. These include, amongst others, (i) Market studies, (ii) Setting up of showroom / warehouse, (iii) Sales promotion campaigns, (iv) International departmental stores, (v) Publicity campaigns, (vi) Participation in international trade fairs, (vii) Brand promotion, (viii) Registration charges for pharmaceuticals, and (ix) Testing charges for engineering products. Each of these export promotion activities can receive financial assistance from Government ranging from 25% to 100% of total cost depending upon activity and implementing agency. Full text of guidelines is available at http://commerce.nic.in . Marketing Development Assistance (MDA) 3.2.1 MDA)Scheme is intended to provide financial as ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Regional Sub-Committee on Quality Complaints (RSCQC) set up at Regional Offices of this Directorate shall investigate quality complaints received from foreign buyers. Guidelines for settlement of quality complaints, in particular, and such other complaints, in general, are given in Appendix-16 of HBP v1. Trade disputes affecting trade relations 3.4.4 If it comes to DGFT notice or he has reason to believe that an export or import has been made in a manner that (i) is gravely prejudicial to trade relations of India with any other country; and / or (ii) is gravely prejudicial to interest of other persons engaged in exports or imports; and / or (iii)has brought disrepute to the country; DGFT may take action against such exporter or importer in accordance with FT (D R) Act, Rules and Orders made there-under and FTP. 3.5 EXPORT AND TRADING HOUSES EXPORT AND TRADING HOUSES 3.5.1 Merchant as well as Manufacturer Exporters, Service Providers, Export Oriented Units (EOUs) and Units located in Special Economic Zones (SEZs), Agri Export Zones (AEZs), Electronic Hardware Technology Parks (EHTPs), Software Technology Parks (STPs) and Bio-Technology Parks ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... banking channels; iv) 100% retention of foreign exchange in EEFC account; v) Enhancement in normal repatriation period from 180 days to 360 days; vi) Deleted vii) Exemption from furnishing of BG in Schemes under FTP; and viii)SEHs and above shall be permitted to establish Export Warehouses, as per DoR guidelines. 3.5.3 Deleted 3.6 SERVICES EXPORTS Services Exports 3.6.1 Services include all 161 tradable services covered under GATS where payment for such services is received in free foreign exchange. A list of services is given in Appendix 10 of HBP v1. Registration cum Membership Certificate (RCMC) for Service Providers 3.6.2 Software exporters shall register themselves with Electronics and Software EPC. Exporters of 13 specific services listed in Sl. No. 34 of Appendix 2 of HBP v1 are required to register themselves with Services EPC. Other service exporters shall register themselves with Federation of Indian Exporters Organisation (FIEO). Common Facility Centres 3.6.3 Government shall promote establishment of Common Facility Centres for use by home-based service providers, particularly in areas like Engineering ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ng catering facilities, Duty Credit scrip may also be used for import of consumables including food items and alcoholic beverages. Non Transferability 3.6.4.6 Entitlement / goods (imported / procured) shall be non transferable (except within group company and managed hotels) and be subject to Actual User condition. 3.6.4.7 to 3.6.4.9 Deleted Procurement from Domestic Sources 3.6.4.10 Utilization of Duty Credit Scrip shall be permitted for payment of excise duty in terms of DoR notification issued for procurement from domestic sources, of items permitted under Para 3.6.4.5. 3.7 Deleted 3.8 VISHESH KRISHI AND GRAM UDYOG YOJANA (VKGUY) (SPECIAL AGRICULTURE AND VILLAGE INDUSTRY SCHEME) Objective 3.8.1 Objective of VKGUY is to promote exports of (i) Agricultural Produce and their value added products; (ii) Minor Forest Produce and their value added variants; for exports w.e.f 1.4.2004 (iii)Gram Udyog Products, for exports w.e.f 01.04.2006; and (iv) Forest Based Products, for exports w.e.f 01.04.2007. Such products shall be listed in Appendix 37A of HBP v1. Entitlement 3.8.2 Duty Credit scrip benefit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Houses (including facilities for handling, grading, sorting and packaging etc.); and (iii) Reefer Van / Containers. Imported capital goods/equipment shall be utilized for storage, packing etc. (as in (ii) above) and transportation of agricultural products (including agro-processed perishable products). This additional benefit shall be subject to actual user condition and hence non-transferable. 3.9 FOCUS MARKET SCHEME Objective 3.9.1 Objective is to offset high freight cost and other externalities to select international markets with a view to enhance our export competitiveness in these countries. Eligibility 3.9.2 Exporters of all products 3 (***) to notified countries (as in Appendix 37C of HBP v1) shall be entitled for Duty Credit scrip equivalent to 2.5% of FOB value of exports for each licensing year commencing from 1 st April, 2006. However additional Markets notified in Appendix 37C of HBP v1 shall be entitled for Duty Credit scrip on exports w.e.f 1.4.2007. 3.9.2.1 Exports made by EOUs / EHTPs / BTPs who do not avail direct tax benefits / exemption shall be eligible, provided the same is not covered under Paragraph 3.9.2.2. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... leted 3.10.3 to 3.10.6 Deleted 3.11 High-Tech Products Export Promotion Scheme Objective 3.11.1 Objective is to incentivise export of High Technology products. Entitlement 3.11.2 4 Exports of High Technology products (as notified in Appendix 37E of HBP v1) in free foreign exchange to all countries, shall be entitled for Duty Credit Scrip equivalent to: (a) 1.25 % of FOB value of exports; or (b) 5% of incremental growth in FOB value (realized as per BRC / FIRC) of exports of notified products for current year (i.e., 2007-08) over previous year (i.e., 2006-07) and similarly (all taken together) for each subsequent licensing year. Exporter may opt for either (a) or (b) above. However, applicants with 'nil' exports in base year shall not be eligible. 5 3.11.2.1 Exports made by EOUs / EHTPs / BTPs who do not avail direct tax benefits / exemption shall be eligible, provided the same is not covered under paragraph 3.11.4. Ceiling 3.11.3 Duty Credit Scrip shall not exceed Rs 15 Cr for an exporter for all shipments done in a licensing year put together, for which benefit is being claimed under this scheme. Ineligible Ex ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... this shall be evidenced from BRC / FIRC. 8 [However, for VKGUY, FMS and FPS, benefits can be claimed either by the supporting manufacturer (along with disclaimer from the company / firm who has realized the foreign exchange directly from overseas) or by the company / firm who has realized the foreign exchange directly from overseas.] ******************************* Note : 1. The words '10 Crores' is replaced by '15 Crores' vide Notification No. 22(RE-2007)/2004-2009 dated 13/8/2007 2. Has been substituted vide Notification no 66/2007 dated27/12/2007 before it was read as, "All Status Holders shall be incentivised with duty credit scrip equal to 10% of FOB value of agricultural exports (including benefits entitled under paragraph 3.8.2) which can be used for duty free import / procurement of capital goods related to infrastructure meant for agro-processing to promote agricultural export. [OLD- All Status Holders shall be incentivised with duty credit script equal to 10% of FOB value of agricultural exports which can be used for duty free import / procurement of capital goods related to infrastructure meant for agro-processing to promote agricultural ..... X X X X Extracts X X X X X X X X Extracts X X X X
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