9911796707
TMI BlogSPECIAL FOCUS INITIATIVESX X X X Extracts X X X X X X X X Extracts X X X X ..... . New Sectoral Initiatives to be announced Further Sectoral Initiatives in other sectors will also be announced from time to time. Thrust sectors shall be extended following facilities: (i) Agriculture and Village Industry (a) Vishesh Krishi and Gram Udyog Yojana (b) Funds shall be earmarked under ASIDE for development of Agri Export Zones (AEZ) (c) Deleted. (d) Deleted. (e) Capital goods imported under EPCG shall be permitted to be installed anywhere in AEZ. (f) Import of restricted items, such as panels, shall be allowed under various export promotion schemes. (g) Import of inputs such as pesticides shall be permitted under Advance Authorisation for agro exports. (h) New towns of export excellence with a threshold limit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on behalf of those exporters for whom directly importing may not be viable. (d) Specific funds would be earmarked under MAI & MDA Schemes for promoting Handicraft exports. (e) CVD is exempted on duty free import of trimmings, embellishments and consumables. (f) New towns of export excellence with a reduced threshold limit of Rs 250 crore shall be notified. (g) Machinery and equipment for effluent treatment plants shall be exempt from customs duty. (iv) Gems & Jewellery (a) Import of gold of 8k and above shall be allowed under replenishment scheme subject to import being accompanied by an Assay Certificate specifying purity, weight and alloy content. (b) Duty Free Import Entitlement (based on FOB value of exports during previous ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... inputs /chemicals and flavouring oils is allowed to the extent of 1% of FOB value of preceding financial year's export. (b) To allow import of monofilament longline system for tuna fishing at a concessional rate of duty and Bait Fish for tuna fishing at Nil duty. (c) A self removal procedure for clearance of seafood waste is applicable subject to prescribed wastage norms. (d) Specific marine products are considered for VKGUY scheme. (vii) Hi-tech products Export Promotion Scheme The scheme has been introduced to promote export of notified hi-tech products. (viii) Electronics and IT Hardware Manufacturing Industries (a) Expeditious clearance of approvals required from DGFT shall be ensured. (b) Exporters /Associations would be ent ..... X X X X Extracts X X X X X X X X Extracts X X X X
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