-on-Rubber-waste-parings-or-scr-7815.aspx">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
The information provided here is part of Export import business Course online
Risks and solutions in Import Export business
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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
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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
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Triangular shipment
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Import General Manifest (IGM)
Importance of Bill of Lading
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GST, Composition scheme changes
GST council meet decision as on 06th October, 2017
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Reduced GST rate on Sewing thread of manmade filaments, whether or not put up for retail sale
Minimized GST rate on Duty credit scrips
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