Focus Product Scheme Licence - Export Incentive For High Employment Products, Transferable Duty Credit Benefits
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Product Specifications
| Applicable Products | Handbook of Procedures |
| Compliance Standards | Local Regulations |
| Credit Percentage | 1.25% |
| Features | Export Incentive, Duty Credit, Scrip Transferable, Rural Employment, Global Reach |
| Licence Validity | 1 Year |
| Product Type | Export Licence |
| Scrip Transferability | Free |
| Usage | Incentivizes export of employment-intensive products from rural areas, offsetting costs. |
Product Overview
Key Features
We are involved in offering Focus Product Scheme Licence.
The objective of the Focus Product Scheme is to incentivise export of such products which have high employment intensity in rural and semi urban areas so as to offset the inherent infrastructure inefficiencies and other associated costs involved in marketing of these products.
Exports of notified products to all countries shall be entitled for duty credit scrip equivalent to 1.25% 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 Product Scheme, export of such products 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 Product Scheme is to incentivise export of such products which have high employment intensity in rural and semi urban areas so as to offset the inherent infrastructure inefficiencies and other associated costs involved in marketing of these products.
Exports of notified products to all countries shall be entitled for duty credit scrip equivalent to 1.25% 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 Product Scheme, export of such products 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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