Indian Exim Policy, How To Export, How To Import, Export Import Procedures, Concession, Duty Exemption Scheme, Deemed Export

Home » Indian Exim Policy » Exim Policy 2002-2007 » Graphs » Graph 5: Duty Neutralisation Instruments

Sundev Marketing
Deals in supplying of telecom products, cooking products, induction cooking products, food preparati...

Maxtel India
Dealers and suppliers of telecommunication products like hybrid PBX systems, hybrid IP PBX systems, ...

Ajanta Associates Pvt. Ltd., Bangalore
Engaged in supplying and exporting of wide range of telecommunication equipments that includes basic...

Hom Automation Pvt. Ltd.
Distributor and manufacturer of card readers, motion sensor, push button, key switch, remote control...

Excel Metal And Engg. Industries
Manufacturers and supppliers of communication equipment like as microwave products, microwave wavegu...

MORE...

Graph 5: Duty Neutralisation Instruments

A. Advance License :

Duty Exemption Entitlement Certificate book to be abolished.
Withdrawal of Advance license for Annual Requirement Scheme. Exporter can avail advance license for any value.
Mandatory spare to be allowed in the advance license upto 10% of the CIF value.

B. Duty Free Replenishment Certificate (DFRC) :

Technical Characterstics to be dispensed with for audit purpose.

C. Duty Entitlement Passbook(DEPB) :

Value cap exemption granted on 429 items to continue.
No Present Market Value (PMV) verificaton except on specific intelligence.
DEPB for transport vehicle to Nepal in free Foreign Exchange.
DEPB rates for composite items to have lowest rate applicable for such constituent.

D. Export Promotion Capital Goods :

EPCG Licences of Rupees 100 Crore or more to have 12 year Export Obligation (EO) period with 5 year moratorium period.
EO fulfillment period extended from 8 yrs to 12 yrs in respect of units in Agri Export Zones.
Refixation of EO in respect of past cases of imports of second hand capital goods under EPCG Scheme.