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TMI BlogPROMOTIONAL MEASURESX X X X Extracts X X X X X X X X Extracts X X X X ..... eation of new Export Promotion Industrial Parks/ Zones (SEZs/Agri Business Zones) and augmenting facilities in the existing ones. > Setting up of electronics and other related infrastructure in export conclave. > Equity participation in infrastructure projects including the setting up of SEZs. > Meeting requirements of capital outlay of EPIPs/ EPZs/SEZs. > Development of complementary infrastructure such as, roads connecting the production centres with the ports, setting up of Inland Container Depots and Container Freight Stations. > Stabilizing power supply through additional transformers and islanding of export production centre etc. > Development of minor ports and jetties to serve export purpose. > Assistance for setting up Common Effluent Treatment facilities and > Any other activity as may be notified by DoC. Details of ASIDE Scheme are available at: http://www.commerce.nic.in or http://www.commerce. gov.in. Market Access Initiative (MAI) 3.2 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... der the Market Access Initiative (MAI) Scheme of DOC. Towns of Export Excellence (TEE) 3.5 A number of towns have emerged as dynamic industrial clusters contributing handsomely to India's exports. It is necessary to grant recognition to these industrial clusters with a view to maximizing their potential and enabling them to move higher in the value chain and tap new markets. 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. (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 for financial assistance under ASIDE. Notified Towns (TEEs) are listed in Appendix 7 of HBP v1. Brand Promotion and Quality 3.6 IBEF (originally called India Brand Equity Fund and later renamed as India Brand Equity Fou ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... together) upon exceeding limit below. For Export House (EH) Status, export performance is necessary in at least two out of four years (i.e., current plus previous three 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 Double Weightage and other Conditions for Grant of Status 3.10.3 (i) 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 14000 (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 admissible to Merchant as well as Manufacturer Exporters. However, a shipment can ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... egister themselves with Services EPC. Other service exporters shall register themselves with Federation of Indian Export Organisations (FIEO). Common Facility Centres 3.11.3 Government shall promote establishment of Common Facility Centres for use by home-based service providers, particularly in areas like Engineering & Architectural Design, Multi-media operations, Software developers etc., in State and District level towns, 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) Objective 3.12.1 Objective 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. Eligibility 3.12.2 All Indian Service Providers, of services listed in Appendix 10 of HBP v1, who have free foreign exchange earning of at least Rs. 10 Lakhs in preceding financial year / current financial year shall qualify for Duty Credit Scrip. For Individual Indian Service Providers, minimum free foreign exchange earnings would be Rs 5 Lakhs. Ineligible Services and Service Providers 3.12.3 Services and Servi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... edit Scrip equivalent to 5% of FOB value of exports (in free foreign exchange) for exports made from 27.08.2009 1[onwards, unless a specific date of export / period is specified by public notice/notification.] However, for exports made w.e.f 27.08.2009, some Flowers, Fruits, Vegetables and other products, as listed in Table of Appendix 37A shall be entitled to an additional duty credit scrip equivalent to 2% of FOB value of exports; over and above the 5% or 3% VKGUY reduced rate entitlement available as per Para 3.13.3 below. Applicability of Reduced Rate 3.13.3 Duty Credit Scrip benefits under VKGUY scheme shall be granted only at a reduced rate of 3% of FOB value of exports in such cases where exporter has also availed benefits of: (i) Drawback at rates higher than 1%; and/or (ii) Specific DEPB rate (i.e. other than Miscellaneous Category - Sr. Nos. 22C & 22D of Product Group 90); and/or (iii) Advance Authorization or Duty Free Import Authorization Import of inputs (other than catalysts, consumables and packing materials) for the exported product for which Duty Credit Scrip under VKGUY is being claimed. Agri. Infrastructure Incentive Scrip 3.13.4 For exports made during a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... res and Concentrates, of all types and in all forms; f) Cereals, of all types; g) Sugar, of all types and in all forms; h) Crude / Petroleum Oil & Crude / Petroleum based Products covered under ITC HS codes 2709 to 2715, of all types and in all forms; and i) Export of Milk and Milk Products covered under ITC HS Codes 0401 to 0406, 19011001, 19011010, 2105 & 3105. 3.15 FOCUS PRODUCT SCHEME (FPS) Objective 3.15.1 Objective is to incentivise export of such products which have high export intensity / employment potential, so as to offset infrastructure inefficiencies and other associated costs involved in marketing of these products. Entitlement 3.15.2 Exports of notified products (as in Appendix 37D of HBPv1) to all countries (including SEZ units) shall be entitled for Duty Credit scrip equivalent to 2% of FOB value of exports (in free foreign exchange) for exports made from 27.8.2009 1[onwards, unless a specific date of export / period is specified by public notice/notification.] However, Special Focus Product(s) /sector(s), covered under Table 2 and Table 5 of Appendix 37D, shall be granted Duty Credit Scrip equivalent to 5% of FOB value of exports (in free foreign excha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Similarly, Government may also notify goods (in Appendix 37B of HBPv1), which shall not be allowed for import under Duty Credit Scrips. Ineligible Exports Categories /Sectors 3.17.2 For VKGUY, FMS, FPS (including MLFPS) and Status Holders Incentive Scrip, the following exports categories/sectors shall be ineligible for Duty Credit Scrip entitlement: (i) EOUs / EHTPs / BTPs who are availing direct tax benefits / exemption; (ii) Export of imported goods covered under Para 2.35 of FTP; (iii) Exports through transshipment, meaning thereby that exports originating in third country but transshipped through India; (iv) Deemed Exports; (v) Exports made by SEZ units or SEZ products exported through DTA units; and (vi) Items, which are restricted or prohibited for export under Schedule-2 of Export Policy in ITC (HS). Counting of Commission in FOB value of Exports (in free foreign exchange) 3.17.3 For computation of Duty Credit Scrip Benefits, FOB Value of Exports (in free foreign exchange) shall include up to 12.5% Foreign Agency Commission. Free Transferability 3.17.4 Duty Credit Scrip and items imported against it would be freely transferable. However, Duty Credit Scrip under ..... X X X X Extracts X X X X X X X X Extracts X X X X
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