ppt of schemes of eh
TRANSCRIPT
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O BJECTIVE
Objective is to promote export of fruits,
vegetables, flowers, minor forest produce andtheir value added products
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C O NT«.
In 07-08 DGFT raise revenue ceiling for thisyojna by 300 crore ( from 2 00 to 5 00 crore )
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ENTITLEMENT
Exporters entitled for duty credit scrip equivalentto 5 % of the FOB value of exports for each
licencing year. The scrip and items importedagainst it would be freely transferable.
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SER VICE PRO VIDERS
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REC O GNITI O N
Service providers entitled to recognize as ExportHouse for Service Providers, Star Trading HouseService Providers, Super Star Trading HouseService Providers
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O BJECTIVE
The objective is to accelerate the growth in exportof services so as to create a powerful and unique¶Served From India· brand, instantly recognizedand respected the world over.
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REC O GNITI O N
Service providers are required to registerthemselves with Federation of Indian ExportersOrganization . However, Software exporters arerequired to register themselves with Electronic A nd Software Export Promotion C ouncil .
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ELEGIBILITY
A ll service providers who have a total freightexchange earning of at least Rs.10 lac in thepreceding or current financial year shall beeligible to qualify for a duty credit entitlement.
For individuals who are service providers, thetotal freight exchange earned criteria would beRs. 5 lac in the preceding financial year.
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ENTITLEMENT
A ll service providers shall be entitled to dutycredit equivalent to 10% of the foreign exchangeearned by them in the preceding financial year.
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ST A TUS:CATEG O RY T O TAL F O B DURING THE
CURRENT LICENCING YEARO R DURING THE PRECEDING 3LICENCING YEARS
EXPORT HOUSE
SERVIC
E PROVIDER
45 C RORE
TR A DING HOUSESERVI C E PROVIDER
300 C RORE
ST A R TR A DING HOUSESERVI C E PROVIDER
15 00 C RORE
SUPER ST A R TR A DINGHOUSE SERVI C E
PROVIDER
6000 C RORE
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IMP O RTS ALL OW ED
Duty credit entitlement may be used for import of any capital goods including spares, officeequipment and professional equipment, officefurniture and consumables, provided it is a partof their main line of business.
In the case of hotels and stand alone restaurants,the duty credit entitlement may also be used forthe import of food items and alcoholic beverages.
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REFUS AL / SUSPENSION/CA N C E LA TION OF C ERTIFI CA TE
If holder fails to discharge the export obligationimposed;
Tampers with licences
Misrepresents or has been a part to any corrupt
practice in obtaining licence
Fails to furnish the information required by theDirector General Of Foreign or any person orauthority authorized by him
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APPEAL
A n applicant who is not satisfied with thedecision taken to suspend or cancel thecertificate, may file an appeal to the ExportHouse in the Directorate General of ForeignTrade within 4 5 days of the date of the saiddecision. The decision of the committee shall befinal
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TR A DING HOUSES HE L P M A NUF AC TURERS A ND FOREIGN C USTOMERS
MANUFACTURERS F O REIGN CUST O MERS
Goods are collected andpayments made at door step
Proven record of reliability forquality, prices and delivery
Better price realizations becauseof overseas marketingorganization
L ower cost thanks to a networkof procurement facilities
A ll risks and hassles of exportingavoided
One stop shopping facility
Global network for techno-commercial information
A fter sale services assured
Market entry at lower cost L ower transportation andhandling costs
L ong term business perspective L ong term business perspective
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THANK YOU