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Focus Market Scheme Licence - 2.5% Duty Credit Scrip For Export Benefits, Enhance Global Competitiveness

Focus Market Scheme Licence - 2.5% Duty Credit Scrip For Export Benefits, Enhance Global Competitiveness

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Product Specifications

Product TypeExport License
Dominant ColorBlue
Credit Percentage2.5%
Licensing YearAnnual
Scrip TransferabilityFree
UsageFacilitates exports to specified countries, offering duty credit for increased competitiveness.
Applicable CountriesHandbook Defined
Credit UsageImports
FeaturesDuty Credit, Export Boost, Cost Offset, Global Reach, Free Transfer

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).

Company Details

VARDHMAN INTERNATIONAL, Established in 2000 at Delhi in Delhi, is a leading service provider of Others in India. VARDHMAN INTERNATIONAL is one of Trade India's verified and trusted names for listed services. With extensive experience in the field of Others, VARDHMAN INTERNATIONAL has made a reputed name for itself in the market with satisfactory Duty Entitlement Pass Book Service, Export Promotion Capital Goods, Focus Market Scheme, etc.
Focusing on a customer-centric approach, VARDHMAN INTERNATIONAL has a pan-India presence and caters to a huge consumer base throughout the country. Get Others from VARDHMAN INTERNATIONAL at Trade India quality-assured services.

Business Type

Service Provider

Establishment

2000

GST NO

07AHDPJ3978Q1ZL

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Seller Details

GST

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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