The information provided here is part of Export import business Course online
Risks and solutions in Import Export business
How does Letter of Credit work?
How to protect buyer and seller in triangular exports?
How to export goods from India?
High sea sales procedures and formalities
Types of export containers and dimensions
When does exporter get EP copy of shipping bill after customs clearance
Indian customs duty, excise duty and service tax changes as per Budget 2015-16
FPS reward scheme as new shape in new Foreign Trade Policy 2015-20?
The new Foreign Trade Policy 2015-20 is being declared on 1st April, 2015.
What is Focus Product Scheme FPS? How does Focus Product Scheme work as a reward scheme under Foreign Trade Policy?
The reward scheme, Focus Product Scheme was introduced and operationalized in 11th September, 2014 under the guidance of Foreign Trade Policy with annual supplements later. The exporters are entitled to avail duty credit Scrip of 2%, 5% and additional 2% depends up on nature of exports with volume.
On 13th October,2011, in the annual supplement of Foreign Trade Policy, a new scheme had been introduced - Special Bonus Benefit Scheme – SBBS. Under this scheme 50 products of engineering, pharmaceutical and chemical sectors have been granted duty credit @ 1% of the value. This scheme was available on exports made on or after 01.10.2011 and would automatically expired/abolished on 31.03.2012.
Would you think a new scheme is introduced in lieu of Focus Product Scheme FPS under new Foreign Trade Policy 2015-20 (FTP 2015-20)? Share your experience in availing FPS reward scheme under Foreign Trade Policy.
Comment below your thoughts about this article - Foreign Trade Policy 2015-20 and Focus Product Scheme FPS
The above information is a part of Online international business guide course
Posts about export import online training
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Only three mandatory documents required for exports and imports
Merge your commercial invoice and packing list for all your future exports
How to cover credit risks in export business?
Bank pre shipment loan to exporters in India
Packing credit finance to exporters
Click here to go back to INDIAN BUDGET 2014-2014 highlights
Excise and Customs - Click here to read complete notification under Budget 2014
Service Tax - Click here to read complete notification under Budget 2014
Bank finance to exporters as pre shipment finance
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Liquidation of Bank pre shipment finance to exporters
Running account facilities for bank export finance
Pre shipment bank finance to suppliers for exports through other agencies
Conditions to get export loans from banks to sub suppliers
Are construction projects eligible for Bank pre shipment loan?
Bank Packing credit to exporters of Floriculture, Grapes and Other Agro-based Products
What is Bank post shipment credit to exporters?
Period of post shipment credit by bank to exporters
What is the difference between BAF and CAF
Who receives the amount of auctioned / resold imported unclaimed/un-cleared goods?
What is VACIS exam in US import customs clearance
Is Airway bill a documents of title?
Is Customs House Agents (CHA ) required to be appointed mandatory?
Is DP terms of payment safe in export business?
Is Letter of Credit LC safe for an Importer?
Is ON BOARD CERTIFICATE required for LC negotiation
Maintain quality of goods - a prime factor in exports
Master collect House collect
How does Letter of Credit work?
How does STP units work in India?
How does TT (Telegraphic Transfer) work?
Master Collect House Prepaid
Master prepaid House collect
Master prepaid house prepaid
Material used for testing is eligible for Modvat
Mode of payments in international trade
Mode of transport under EX WORKS/FCA/CPT/CIP/DAT/DAP/DDP/FAS/FOB/CFR/CIF
MSDS Material Safety Data Sheet
Multiple Country Textile Declaration
Negotiation procedures and formalities of export bills
Non receipt of Cargo Arrival Notice, Can importer sue against shipping company
OBJECTIVES OF CUSTOMS CONTROL for EXPORT GOODS
OBL not released OBL not surrendered no telex release
Office to contact Phytosanitary inspection in India
Offices to obtain RCMC
Who can inspect import cargo in US
Who decides shipping carrier on FOB shipments
Who gets benefited with my articles in this website
Options under central excise clearance
Packing of export goods - How important in International business?
Parties in LC
Payment procedures in Triangular exports
Payment terms
POD Proof of Delivery – How important in Imports
Post export incentives
How does a Running bond work?
How does Bill of Lading work in DP payment terms?
How does Bill of Lading work in Sight LC
Transferability of Bill of Lading
Transhipment - A redefinition
Triangular shipment
Types of Insurance Documents
How does CENVAT Credit work?
Import General Manifest (IGM)
Importance of Bill of Lading
Is Airway bill a documents of title?
Is Customs House Agents (CHA ) required to be appointed mandatory?
Is DP terms of payment safe in export business?
Is Letter of Credit LC safe for an Importer?
Is ON BOARD CERTIFICATE required for LC negotiation
What is VACIS exam in US import customs clearance
When can an exporter release bill of lading from shipping company?
When does exporter get EP copy of shipping bill after customs clearance
GST exemptions for SME
GST, Composition scheme changes
GST council meet decision as on 06th October, 2017
Minimized GST rate on Biomass briquettes
Reduced GST rate on Parts of power driven pumps designed for water handling
Reduced GST rate on Parts suitable for Speed Diesel Engines of power not exceeding 15HP
Minimized GST rate on Real Zari
Minimized GST rate on Sewing thread of manmade staple fibres
Reduced GST rate on All synthetic filament yarn, such as nylon, polyester, acrylic, etc.
Reduced GST rate on Sewing thread of manmade filaments, whether or not put up for retail sale
Minimized GST rate on Duty credit scrips
Diminished GST rate on Rubber waste, parings or scrap
Reduced GST rate on Plastic waste, parings or scrap
Reduced GST rate on Modelling paste for children amusement
Reduced GST rate on Ayurvedic, Unani, Siddha, Homeopathy medicines, other than those bearing a brand name
Reduced GST rate on Food preparations put up in unit containers
Minimized GST rates on Khakra and plain chapati or roti
Minimized GST rate on E-Waste