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Indian External Trade Incentives

 


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I. Excise rebate claim on exports

Refund of central excise and customs duty on exports can be made under the duty draw back scheme. The draw back payment procedures can be under taken by International Trade promotional firm

II. Duty exemption scheme

Duty Exemption Schemes enable duty free import of inputs required for export production; an advance Authorization / Advance Intermediate Authorization is issued to allow duty free import of inputs. We can extend our service for claiming the benefits.

III DEPB - Duty Entitlement Pass Book scheme

Duty Entitlement Pass Book (DEPB) compensates the Customs duty on the import content of the export product. Here an exporter may apply for credit, as a specified percentage of FOB value of exports, made in freely convertible currency. International Trade promotional firm extend our service for claiming the benefits.

IV. DFIA - Duty free import authorization

Under this scheme, duty free imports of inputs are authorized for the manufacturing of export products. This authorization can be issued on the basis of imports and export items under the provisions of Standard input and out put norms, and this scheme is amended as the replacement of DFRC

V. EPCG - Export Promotion of Capital goods

This scheme provides certain authorization for the import of capital goods to pre and post production units having export obligation (with in 8 years of issuance of this authorization) equivalent to 8 times of duty saved on the imported capital goods. We can extend our service for claiming the benefits.

VI. Assist to claim all other export / Import incentives and subsidies.

Custom make things easy. Our team can extend all possible services to process your claim pertaining to export / import incentives and subsidies offered by various Government authorities / trade promotional councils, import of raw materials under various schemes of Ministry of commerce and certain specific items under the norms.

VII. SFIS - Served from India Scheme

Under this scheme, world wide service providers from India earning foreign exchange can become Star Service Export House, get duty free import license, and can get EPCG license for import of capital goods and many other benefits under the policy. We help to boost your service and FOREX earnings by our incessant campaign and also extend our service for claiming the benefits

VIII. FMS - Focus Market scheme

Focus market scheme will offset the high freight cost and ease the impediments in external trade by contemplating our emphasis on selected countries. Export of all products to the notified countries shall be entitled for duty credit scrip equivalent to 2.5% of the FOB value of exports for each licensing year. The Duty credit scrip may be used for import of inputs or goods including capital goods provided the same is freely importable. International Trade promotional firm extend our service for claiming the benefits.

IX. FPS - Focus Product Scheme

Focus product scheme helps to yield incentives for the export of products having high employment intensity in rural and semi urban areas. Export of these notified products to all countries shall be entitled for duty credit scrip equivalent to 2.5 % of the FOB value of the exports for each licensing year. However, only 50 % of these export value is eligible for this benefit. The Duty Credit may be used for import of inputs or goods including capital goods; provided the same is freely importable, we will extend our service for claiming the benefits

X. Vishesh Krishi Gram Upaj Yojana (VKGUY) - Meant to promote the exports of:

Agricultural products and their Value added products, Minor Forestry products and their value added products, Gram Udyog Products;, for this , duty credit scrip equivalent to 5% of the FOB value of exports will be entitled with an aim to compensate the high transport costs of notified products. The scrip and the items imported against it would be freely transferable. We can extend our service for claiming the benefits

XI. Arranging insurance and settlement of claims

Various types of risks involved in international trade are Commercial risk, Political risk, risk arising out of foreign law, Cargo risk, Credit risk and Exchange fluctuation risk. These risks are covered by various Foreign Trade insurance schemes under their permissible norms. Our team can assist you to arrange for insurance and also to claim in the event of any loss that may be incurred

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