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

Girish Radio Corporation
Supply and exports communications cables, telecommunication cables, antenna cables, satellite cables...

Relicab Cable Manufacturing Pvt. Ltd.
Engaged in manufacturing of communication equipment which includes telecommunication cables, power c...

Flat Cables And Allied Products
Manufacturer and supplier of data cable, data instrumentation cable and patch cable. Also offer stri...

Kay Iron Works (Jorian) Private Limited
Manufacturer and supplier of communication equipments, telecommunication equipments, industrial tele...

Expo Systems
Supplier of a range of mobile phones, multimedia mobile phones, branded mobile phones, intex multime...

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.