Other Export Incentives  

SERVICE EXPORTS
STATUS CATEGORY
 

SERVICE EXPORTS

SERVED FROM INDIA SCHEME (SFIS)

 

Eligibility

There are 161 tradable services covered under GATS where payment for such services is received in
free foreign exchange. Service exports shall be higher than Rs.10 Lakhs.

Entitlement

Duty Credit scrip equivalent to 10% of free foreign exchange earned during preceding financial year.

Imports Allowed

Imports of Capital goods including spares, office equipments, professional equipments, office
stationary. Credit Scrip shall be valid for 24 months.

 
Licence issued are Non-transferable.

Vishesh Krishi and Gram Udyog Yojana (YKGUY )

Objective

To promote exports of

 
Agriculture produce and their value added products

Minor foreign produce and their value added variants w.e.f.01.04.2004

Gram Udyog products w.e.f.01.04.2006

Forest Based products w.e.f.01.04.2007

   
Exporters, shall be entitled for Duty Credit scrip equivalent to 5% of FOB value of exports (realized in
free foreign exchange).

Focus Market Scheme (FMS)

Objective

To offset high freight cost and other externalities to select International markets with a view to enhance
our export Competitiveness.

Exporter of all products through EDI enabled ports shall be Entitled for Duty credit scrip equivalent to
2.5% of FOB value of exports for each licensing year commencing from 1st April'2006. 

Focus Product Scheme (FPS)

Objective

To incentivise export where high employment intensity in rural and semi urban areas, so as to offset
infrastructure inefficiencies and other associated costs involved in marketing of the products.

Exporter of all products through EDI enabled ports shall be Entitled for Duty credit scrip equivalent to
1.5% of FOB value of exports for each licensing year commencing from 1st April'2006. 

High-Tech Products Export Promotion Scheme

Objective

To Incentivise export of High Technology products.

Exports through EDI enabled ports shall be entitled for Duty credit scrip equivalent to 10% of
incremental growth in exports of products put together for current year over previous year for each
licensing year commencing from 1st April'2007.

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STATUS CATEGORY

Eligible for status

 
Manufacturer Exporters.

Service Providers.

Export Oriented Units (EOUs).

Units located in Special Economic Zones (SEZs).

Agri Export Zones (AEZs).

Electronic Hardware Technology Parks (EHTPs).

Software Technology Parks (STPs).

Bio-Technology Parks (BTPs).

   
Applicant shall be categorized depending on his total FOB (FOR for Deemed Exports) export
performance during current plus previous three years. For Export House Status, export performance is
necessary in at least two out of four years (i.e.current plus previous three years).

Exports made on re- export basis shall not be counted for recognition.

   
STATUS CATEGORY EXPORT PERFORMANCE
(FOB / FOR Value) 

( Rupees In Crores)

Export House (EH) 20

Star Export House (SHE) 100
Trading House (TH) 500
Star Trading House (STH) 2500
Premier Trading House (PTH) 10000
BENEFITS

Status holder shall be eligible for following facilities :

 
Authorization and customs clearances for both imports and exports on self -declaration basis

Fixation of Input-Output norms within 60 days;

Exemption from compulsory negotiation of documents through banks. Remittance / Receipts,

however would be received through banking channels;
100% retention of foreign exchange in EEFC Account;

Enhancement in normal repatriation period from 180 days to 360 days;

Exemption from furnishing of BG in schemes;

SEHs and above shall be permitted to establish Export warehouses.

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