Yogeshwari Impex Services
  Services
 
Export Promotion Capital Goods (EPCG) Advance Authorisation/Duty free import authorization (DFIA) Served From India (SFI)
Vishesh Krishi Gram Upaj Yojana (VKGUY) Focus Product Scheme (FPS) Focus Market (FMS)
1% SHIS Status Holder Certificate OTHER SERVICES
Redemption of EPCG Redemption/ Bond waiver of Advance Licences/DFIA Post Export Activities at Custom & Custom Clearance
Industrial Licences TED/Duty Drawback Pre-Shipment & Post Shipment Documents & Training
 
 
Export Promotion Capital Goods (EPCG)  
  This scheme permits import of capital goods for pre-production, production and post production (including CKD / SKD as well as computer software systems) at either 0% (zero pc) or 3% (three pc) Customs duty.   

Eligibility: Manufacturer exporters with or without supporting manufacturer(s) / vendor(s), and merchant exporters tied to supporting manufacturer(s) and service providers within following sectors;
  1. Engineering & electronic products
  2. Basic chemicals & pharmaceuticals
  3. Apparels & textiles
  4. Plastics
  5. Handicrafts
  6. Chemicals & allied products, and
  7. Leather & leather products
Zero duty EPCG Scheme is not available for import of capital goods relating to export of products covered under following Chapters / headings of ITC(HS) classification:

Chapters: 1 to 24, 25 to 27, 31, 40, 43, 44, 45, 47 to 49, 68 to 70, 71, 81 (metals in primary and intermediate forms only), 89, 93, 97, 98.
ITC(HS): 7201 to 7212, 7218 to 7220, 7224 to 7226, 7401 to 7406, 7501 to 7504, 7601 to 7603, 7801, 7802, 7901 to 7903, 8001, 8002 and 8401.

However, zero duty EPCG Scheme is available for handicraft exports under Chapters 5, 44, 68, 97.
  • Second hand capital goods, without any restriction on age, may be imported under EPCG scheme. Import of motor cars, sports utility vehicles/all purpose vehicles are allowed for hotels, travel agents, tour operators or tour transport operators and companies owning/operating golf resorts, subject to the certain conditions.


Export Promotion Capital Goods (EPCG)
 
  Advance Authorisation/Duty free import authorization (DFIA)
 
Advance Authorisation/Duty free import authorization (DFIA)
  • supply of Goods to ultimate exporter holding another Advance Authorisation / Duty Free Import Authorisation.
  • Intermediate supplies
  • Supply of goods covered under Deemed Exports
  • Supply of "stores" on board of foreign going vessel / aircraft subject to condition that there is specific SION in respect of item(s) supplied.
Incentive:
Duty free import of mandatory spares upto 10% of CIF value of Authorisation which are required to be exported / supplied with resultant product are allowed under Advance Authorisation.

Advantages:
Advance Authorisations are exempted from payment of:
  • Basic customs duty,
  • Additional customs duty including Education cess,
  • Anti- dumping duty, and Safeguard duty
  • As per new Foreign Trade Policy effective from 27th August 2009, Ministry of Commerce, Government of India - New Delhi has introduced an incentive to existing "Status Holders" this scrip can be used for offsetting excess duty against advance Licence.


 
 
Served From India (SFI)  
  Objective: 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: All Indian service providers who have free foreign exchange earning of at least Rs 10 Lakhs in preceding financial year / current financial year.

Incentive: Duty credit @ 10% of free foreign exchange earned during current financial year. Free foreign exchange earned through International Credit Cards and other instruments as permitted by RBI for rendering of service are also taken into account for computation of Duty Credit Scrip.

Utilization: Duty Credit may be used for import of any capital goods including spares, office equipment and professional equipment, office furniture and consumables. Furthermore, hotels can import consumables such as food items and alcoholic beverages in addition to capital goods. This import can relate to any service sector business of applicant. Entitlement / goods (imported / procured) are transferable only within company group and managed hotels. 

Payment of Excise Duty: Additionally, this Duty Credit Scrip can also be utilized for payment of excise duty for procurement of items, permitted by Department of Revenue (DoR), from domestic sources.

Served From India (SFI)
 
  Vishesh Krishi Gram Upaj Yojana (VKGUY)
 
Vishesh Krishi Gram Upaj Yojana (VKGUY)
Objective: Duty Credit is granted with an aim to compensate high transport costs and to promote exports of:

Agricultural Produce and their value added products, Minor Forest Produce and their value added variants, Gram Udyog Products, Forest Based Products and Other Products

Entitlement: Transferable / sellable duty credit @ 5% of FOB value of exports in foreign exchange from 27.08.2009 (3.5% for earlier periods). However for exports made on / after 27.8.2009, some Flowers, Fruits, Vegetables and other products, are also entitled to an additional duty credit @ 2 % of FOB value of exports.

Additional Benefit: For exports made during a particular year, all Status Incentive Scrip Holders (having status recognition for the current year) exporting products covered under ITC HS Chapters 1 to 24, can claim for duty credit @ 10% (incl. VKGUY) of FOB value of agricultural exports.

 
 
Focus Product Scheme (FPS)  
  Objective: To incentivise export of select products that have high export intensity / employment potential, thereby to offset infrastructure inefficiencies and other associated costs involved in marketing of these products.

Incentive: Transferable / sellable duty credit @ 2% of FOB value of exports in foreign exchange from 27.08.2009 (1.25% for prior periods)
Certain Special Focus Products / sectors such as Handicraft products are granted duty credit @ 5%.
Some of products having bonus benefits for certain period.

MARKET LINKED FOCUS PRODUCT SCHEME (MLFPS)
Objective: To incentivise export of products that have high employment intensity in rural and semi urban areas, to offset infrastructure inefficiencies and other associated costs involved in marketing of these products.

Incentive: Transferable / sellable duty credit @ 2% of FOB value of exports in foreign exchange from 27.08.2009. The exports must be to linked countries NOT included in FMS list.


Focus Product Scheme (FPS)
 
  Focus Market (FMS)
 
Focus Market (FMS)
Objective: To offset high freight cost and other externalities to select international markets with a view to enhance India export competitiveness in select countries
Incentive: Transferable / sellable duty credit @ 3% of FOB value of exports in foreign exchange from 27.08.2009 (2.5% for prior periods)
Countries: South African, Latin American and some Asian Countries Some of countries having bonus benefits for certain period.

 
 

Services
Export Promotion Capital Goods (EPCG) Advance Authorisation/Duty free import authorization (DFIA) Served From India (SFI)
Vishesh Krishi Gram Upaj Yojana (VKGUY) Focus Product Scheme (FPS) Focus Market (FMS)
1% SHIS Status Holder Certificate OTHER SERVICES
Redemption of EPCG Redemption/ Bond waiver of Advance Licences/DFIA Post Export Activities at Custom & Custom Clearance
Industrial Licences TED/Duty Drawback Pre-Shipment & Post Shipment Documents & Training