Indian External incentives
I. Excise rebate claim export
Reimbursement of central excise duty and duties on exports may be subject to duty drawback scheme. The draw back payment procedures can be taken by title = "International Trade promotional activity"> International Trade promotion activities
II. Exemption regime
Duty exemption schemes allow duty free import of inputs required for export production; a prior authorization / Advance Intermediate issued to allow duty-free import of raw materials. We can extend our service to apply for benefits.
III DEPB – Duty Entitlement Pass Book scheme
Duty Entitlement Pass Book (DEPB) offset the duty on the import content of the exported product. Here a exporter may apply for credit, as a specified percentage of FOB value of exports in freely convertible currency. business "> International Trade promotion activities extend our service to apply for benefits.
IV. DFIA – duty free import authorization
Under this scheme, duty free imports of raw materials are approved for manufacture of export goods. This permit may be issued based on import and export records in accordance with standard input and out put standards, this system has changed as the replacement of DFRC
V. EPCG – Export Promotion Capital goods
This scheme allows some license to import capital goods for pre and post production is export obligation (By 8 years of issuance of this permit), equivalent to 8 times of duty saved on imported capital goods. We can extend our service to apply for benefits.
VI. Assist to call for any other export / import incentives and subsidies.
Custom makes it easy. Our team can extend all possible services to processing your application for export / import incentives and support offered by various government authorities / trade promotion councils, imports of raw materials under various schemes of the Ministry of Trade and special items in the standards.
VII. SFIS – Served from India Scheme
During This scheme provides worldwide service providers from India earn foreign currency become Star Service Export House, will have duty free import license and can get EPCG license for import of capital goods and many other benefits under the policy. We help to improve your service and FOREX earnings by our relentless campaign and also extend our service to invoke the benefits
VIII. FMS – Focus Market scheme
Focus on market mechanism will offset the high freight costs and light barriers in foreign trade by considering our focus on selected countries. Exports of all products to the notified countries shall be entitled for duty credit scrip equivalent to 2.5% of FOB value exports for each licensing model year. The Duty Credit scrip may be used for import of inputs or goods including capital goods of the same are freely imported. title = "International Trade promotional activity"> International Trade promotion activities extend our service to apply for benefits.
IX. FPS – Focus Product Scheme
Focus Product scheme helps to provide incentives for export of products having high employment intensity in rural areas and semi urban areas. Exports of these products notified to all countries should be entitled for duty credit scrip equivalent to 2.5% of FOB value of exports for each licensing model years. But only 50% of export value included in this benefit. The Duty Credit may be used for import of inputs or goods including capital goods of the same are freely imported, we will extend our service to apply for benefits
X. Vishesh Krishi Gram Upaj Yojana (VKGUY) – Designed to promote exports by:
Agricultural products and their value added products, Minor forest products and their value added, Gram Udyog Products: for this, duties credit scrip equivalent to 5% of FOB value of exports will be justified with an aim to offset the high transport of notified products. The bag and the items imported against it would be freely transferable. We can extend our service to apply for benefits
XI. Event insurance and claims settlement
Different types of risks involved in international trade is the commercial risk, political risk, risk arising from foreign law, Cargo risk, credit risk and Exchange fluctuation risk. These risks are covered by various insurance Trade under their allowable standards. Our team can help you arrange for insurance and also to claim in the event of any loss which may have arisen
About the Author
As an external Trade consultant involves in International Trade promotion activities organized a International Business Free listing portal www.insbo.in for those Business people who wish to take up their business globally and offering the facility to Free enlist their company profile
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