TMI BlogPROMOTIONAL MEASURES IN DEPARTMENT OF COMMERCEX X X X Extracts X X X X X X X X Extracts X X X X ..... arks/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 (ITAs), Agencies of State Gove ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 HBPv1. Brand Promotion and Quality 3.6 IBEF (originally called India Brand Equity Fund and later renamed as India Brand Equit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t plus previous three years (taken 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 m ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s shall register themselves with Electronics and Software EPC. Exporters of 15 specific services listed in Sl. No. 34 of Appendix 2 of HBPv1 are required to register 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 1 [ 3.12.2 Indian Service Providers of services which are listed in Appendix 41 of HBP v1 and who have free foreign exchange earning of at least Rs. 10 Lakhs in current financial year will be eligible for Duty Credit Scrip. For I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r Products, as notified from time to time. Such products shall be listed in Appendix 37A of HBPv1. Entitlement 3.13.2 Duty Credit Scrip benefits are granted with an aim to compensate high transport costs, and to offset other disadvantages. Exporters, of products notified in Appendix 37A of HBPv1, shall be entitled for Duty Credit Scrip equivalent to 5% of FOB value of exports (in free foreign exchange) for exports made from 27.8.2009 onwards, unless a specific date of export / period is specified by public notice / notification. However, for exports made w.e.f 27.8.2009, some Flowers, Fruits, Vegetables and other products, as listed in Table 2 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rt / period is specified by public notice / notification. 3 [ Export of products to notified countries (in Table 3 of Appendix 37C of HBPv1) will be entitled for additional duty credit scrip @ 1% of FOB value of exports (in free foreign exchange) made with effect from 01.04.2011. ] Ineligible Exports Categories / Sectors for FMS 3.14.3 The following categories of export products / sectors shall be ineligible for Duty Credit Scrip, under FMS scheme: a) Supplies made to SEZ units; b) Service Exports; c) Diamonds and other precious, semi-precious stones; d) Gold, silver, platinum and other precious metals in any form, including plain and studded Jewellery; e) Ores 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 3501. 3.15 FOCUS PRODUCT SCHEME (FPS) Objective 3.15.1 Objective is to incentivise export of such products which have high export int ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ra 3.10.8 of HBPv1 2009-14 (RE-2010) shall be eligible for this Status Holders Incentive Scrip on exports made during 2010-11 and 2011-12. This shall be over and above any duty credit scrip claimed/availed under this chapter. 5 [ The Status Holders shall also be eligible for the Status Holders Incentive Scrip on exports made during 2012-2013. ] 3.16.2 Status Holders availing Technology Upgradation Fund Scheme (TUFS) benefits (under Ministry of Textiles) during a particular year shall not be eligible for Status Holders Incentive Scrip for exports of that year. 3.16.3 The Status Holders Incentive Scrip shall be with Actual User Condition and shall be used for imports of capital goods (as defined in FTP) relating to the sectors specified in Para 3.16.4 below. 3.16.4 The Status Holders of the following Sectors shall be eligible for this Status Holders Incentive Scrip: 1. Leather Sector (excluding finished leather); 2. Textiles and Jute Sector; 3. Handicrafts; 4. Engineering Sector (excluding Iron Steel, Nonferrous Metals in primary or intermediate forms, Automobiles two wheelers, nuclear reactors parts and Ships, Boats and Floating Structures); 5. Plastic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... provided the item is importable against the scrip. CENVAT / Drawback 3.17.6 Additional customs duty/excise duty paid in cash or through debit under Duty Credit scrip shall be adjusted as CENVAT Credit or Duty Drawback as per DoR rules, except under SFIS. TRA Facility 3.17.7 Utilization of Duty Credit Scrip for imports from a port other than port of registration shall be allowed under Telegraphic Release Advice (TRA) facility as per DoR notification. Exclusivity of Entitlement 3.17.8 For a shipment, Duty Credit Scrip benefit under any one of the schemes covered in this Chapter can alone be claimed, at exporter's option. Import under Lease financing 3.17.9 Utilization of Duty Credit Scrip shall be permitted for payment of duty in case of import of capital goods under lease financing in terms of provision in Para 2.25 of FTP. Transfer of Export Performance 3.17.10 Transfer of export performance from one to another shall not be permitted. Thus, a shipment bill containing name of applicant shall be counted in export performance / turnover of applicant only if export proceeds from overseas are realized in applicant's bank account and this shall be evidenced ..... X X X X Extracts X X X X X X X X Extracts X X X X
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