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Leather Exports.

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..... Leather Exports.
News and Press Release
Dated:- 7-5-2012

Press Information Bureau Government of India Ministry of Commerce & Industry 07-May-2012 15:22 IST Leather Exports Leather parks related to a sub-scheme during the 11th Plan Period for addressing the infrastructure constraints being faced by Leather Industry in the country. Since, the sub-scheme could not attract the inter .....

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..... est of Leather Industry, a new sub- scheme namely "Mega Leather Cluster (MLC)" has been introduced in lieu of this sub-scheme with the same objective and a much broader ambit. The MLC scheme provides for Government grant for different sizes of Mega Leather Clusters to address the infrastructure constraints of Indian Leather Sector. The sub-scheme (MLC) has been notified on 20 March 2012. The guide .....

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..... lines of the sub-scheme (MLC) have been hosted on the website of the DIPP. For promotion of exports, Government of India has identified leather sector as a Focus Sector in Foreign Trade Policy 2009-14 which, inter- alia, includes facilities such as (a) allowing duty free import of critical inputs to the extent of 3% of FOB value of export realization in the previous year (b) duty credit scrip of .....

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..... 4% for notified leather products and footwear & 2% duty credit scrip for finished leather under Focus Product Scheme (c) Zero Duty Export Promotion Capital Goods Scheme (EPCG) to facilitate import of machinery (d) 1 % duty credit scrip under Status Holders Incentive Scrip Scheme for status holders in leather sector (except finished leather segment) for import of capital goods under actual user con .....

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..... dition. This information was given by Shri Jyotiradiya M. Scindia, Minister of State for Commerce & Industry in written reply to a question in Lok Sabha today. DS/GK
News - Press release - PIB .....

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