Focus Market Scheme Licence - 2.5% Duty Credit Scrip For Export Benefits, Enhance Global Competitiveness
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Product Specifications
| Applicable Countries | Handbook Defined |
| Credit Percentage | 2.5% |
| Credit Usage | Imports |
| Dominant Color | Blue |
| Features | Duty Credit, Export Boost, Cost Offset, Global Reach, Free Transfer |
| Licensing Year | Annual |
| Product Type | Export License |
| Scrip Transferability | Free |
| Usage | Facilitates exports to specified countries, offering duty credit for increased competitiveness. |
Product Overview
Key Features
We are involved in offering Focus Market Scheme licence.
The objective of the Focus Market Scheme is to offset the high freight cost and other disabilities to select international markets with a view to enhance our export competitiveness to these countries.
Exports of all products to the notified countries shall be entitled forduty credit scrip equivalent to 2.5% of the FOB value of exports for each licensing year commencing from 1st April, 2006. The scrip and the items imported against it would be freely transferable.
Under the Focus Market Scheme, export to all countries as specified in the Handbook of Procedures (Vol. I) shall qualify for export benefits with certain exceptions as outlined.
The Duty Credit may be used for import of inputs or goods including capital goods, provided the same is freely importable under ITC (HS).
The objective of the Focus Market Scheme is to offset the high freight cost and other disabilities to select international markets with a view to enhance our export competitiveness to these countries.
Exports of all products to the notified countries shall be entitled forduty credit scrip equivalent to 2.5% of the FOB value of exports for each licensing year commencing from 1st April, 2006. The scrip and the items imported against it would be freely transferable.
Under the Focus Market Scheme, export to all countries as specified in the Handbook of Procedures (Vol. I) shall qualify for export benefits with certain exceptions as outlined.
The Duty Credit may be used for import of inputs or goods including capital goods, provided the same is freely importable under ITC (HS).
Company Details
Established in 2000, VARDHMAN INTERNATIONAL has made a name for itself in the list of top service providers of Others in India. VARDHMAN INTERNATIONAL is listed in Trade India's list of verified companies offering a wide array of Duty Entitlement Pass Book Service, Export Promotion Capital Goods, Focus Market Scheme, etc. Contact here for Others in Delhi, Delhi.
Business Type
Service Provider
Establishment
2000
GST NO
07AHDPJ3978Q1ZL
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Seller Details
GST - 07AHDPJ3978Q1ZL
Delhi, Delhi
Proprietor
Mr. Sharad Raj Kasliwal
Address
315, SYNDICATE HOUSE, 3 OLD ROHTAK ROAD, INDERLOK, Delhi, Delhi, 110035, India
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