2 Export Incentive

Export Incentive

Export Promotion Capital Goods Scheme

DGFT - EPCG Scheme was launched in the 1990s to facilitate import of capital goods with the aim to enhance the production quality of goods and services, thereby, increasing India’s international manufacturing competitiveness. This is a scheme relating to import of capital goods at Zero duty. The benefit of zero duty is subject to fulfilment of...

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Export Promotion Council for Handicraft (EPCH) Membership & RCMC

DGFT - EPCH is a non-profit organisation.  It's an apex body formed under the companies act. Setting up EPCH aims to promote and preserve the traditional handicraft industry and promote handicraft export in the international market....

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RoDTEP and RoSCTL: Transferability Eased

DGFT - RoDTEP and RoSCTL are e-scrips issued by customs in respect of remission of embedded local duties/ taxes/ levies in exported goods....

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GST: Supply of Duty CREDIT Scrips – Impact on Input Tax Credit

DGFT - Duty Credit Scrips are goods as held by many Courts and the supply of the same liable to GST. Duty Credit Scrips covered under HSN 4907 and exempted from 13.10.2017 under S. No. 122A of Notification 2/2017 – CGST (Rate). Prior, it was taxable under GST....

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How To Register RCMC In DGFT Online

DGFT - How To Register RCMC In DGFT Online This article about The DGFT, who has now reported that compelling 1 April 2022, exporters will document a Registration cum Membership Certificate (RCMC)/Registration Certificate on the Common Online Platform? The ongoing methodology of topping off the application structure exclusively to the approved Re...

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206 Crore released to States for promotion of exports under TIES scheme

DGFT - Government is implementing Trade Infrastructure for Export Scheme (TIES) with the objective of assisting Central and State Government agencies in creation of appropriate infrastructure for growth of exports....

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9 Key schemes/interventions for Export Promotion by Government

DGFT - Export Promotion Government is encouraging and promoting Indian exports in international markets and initiate suitable interventions from time to time. The key schemes/interventions taken are: 1. Market Access Initiative (MAI) Scheme provides assistance to Export Promotion Organizations/Trade Promotion Organizations/National Level Institu...

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Export Promotion Capital Goods (EPCG) FAQs

DGFT - EPCG stands for Export Promotion Capital Goods. The objective of this scheme is to facilitate the import of capital goods with the purpose of producing quality goods and services to enhance India’s export competitiveness. EPCG scheme allows import of capital goods for pre-production, production and post-production at zero customs duty....

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Govt released Rs 56,027 crore to clear pending export incentive dues

DGFT - Government has released Rs 56,027 crore in order to clear pending export incentive dues to exporters, which is for various Schemes. In certain Schemes, such as MEIS, ROSCTL and ROSL, online applications are largely system approved, whereas for SEIS, TPS, FPS online applications require manual scrutiny and examination of documents. ...

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Government approves continuation of NEIA scheme

DGFT - Government has today approved capital infusion of has approved contribution of Grant-in-aid (Corpus) of ₹1,650 Crore to National Export Insurance Account (NEIA) over a period of five years, i.e. from FY 2021-2022 to FY 2025-2026....

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MEIS Benefit cannot be denied for mere non- marking of ‘Y’ against reward column

Hindalco Industries Limited Vs Union of India & Ors (Delhi High Court) - Petitioner’s intended to take benefit of MEIS scheme. Thus, error of not marking ‘Y’ against reward column is clearly an inadvertent error....

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Commissioner (A) should consider order Passed by it in past for Similar Goods

ABB India Limited Vs Union of India (Bombay High Court) - ABB India Limited Vs Union of India (Bombay High Court) The Petitioner is a manufacturer of circuit breakers and switch gears of high voltage. The Petitioner exported the goods under ten shipping bills dated 21 January 2008, 5 February 2008, 12 February 2008, 4 March 2008, 11 March 2008, 11 June, 20...

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Refund of IGST allowed on exported goods after deduction of drawback duty

Kishan Lal Kuria Mal International Vs Union of India (Delhi High Court) - Whether or not refund of IGST on exported goods will be allowed in the present petition after deduction of the drawback duty?...

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SC: Liability to pay customs duty invocable when DEPB license is fake/forged

Munjal Showa Ltd. v. Commissioner of Customs and Central Excise (Supreme Court of India) - SC directed adjudicating authority to complete penalty proceedings on remand, at the earliest preferably within a period of six months from the date of this judgment as the penalty proceedings were reported to be pending pursuant to the remand order passed by the CESTAT....

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Duty Drawback can be availed on goods transferred to EOU on conversion by DTA unit

Combitic Global Caplet Pvt. Ltd Vs Union of India (Delhi High Court) - Assessee as an EOU was entitled to claim deemed export drawback on raw materials/inputs which remained unutilized with the then-existing DTA unit at the time of its conversion into a 100% EOU....

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Govt forecloses TMA Scheme for Specified Agriculture Products

Notification No. 17/2/2021 -EP (Agr i.IV) - (25/03/2022) -  Government has decided to foreclose Revised Transport and Marketing Assistance (TMA) for Specified Agriculture Products Scheme to revamp, redesign and refocus it better for better outcomes. As such, the notification dated 9th September 2021 stands withdrawn. MINISTRY OF COMMERCE (Department of Com...

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Advisory for E-scrip to avail Export Incentive Schemes (RoSCTL, RoDTEP)

Advisory No. 06/2021 - (21/03/2022) - I. To avail the scheme exporter shall make a claim for RoSCTL/RoDTEP in the shipping bill by making a declaration. II. Once EGM is filed, claim will be processed by Customs. III. Once processed, a scroll with all individual Shipping Bills for admissible amount would be generated and made avail...

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Last date extended for applications under MEIS, ROSCTL, ROSL

Notification No: 58/2015-2020 [S.O.1012(E)] - (07/03/2022) - Extension of MEIS / Ad-hoc Incentive Scheme / ROSCTL / ROSL The last date for submitting applications under MEIS (for exports made in the period – 01.04.2020 to 31.12.2020), ROSCTL, ROSL and 2% additional ad hoc incentive (under para 3.25 of FTP, only for exports made in the period 01.01.2020 ...

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Last Date to Submit applications for MEIS, SEIS, ROSCTL, ROSL extended

Notification No: 53/2015-2020 [S.O.419(E).] - (01/02/2022) - The last date of submitting applications under MEIS, SEIS, ROSCTL, ROSL and 2% additional ad hoc incentive (under para 3.25 of FTP) which was earlier notified to be 31.01.2022 has been extended to 28.02.2022....

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Extension of Last Date for Submitting applications for Scrip based FTP Schemes

Notification No. 48/2015-2020-DGFT [S.O. 5490(E)] - (31/12/2021) - The last date of submitting applications under MEIS, SEIS, ROSCTL, ROSL and 2% additional ad hoc incentive (under para 3.25 of FTP) which was earlier notified to be 31.12.2021 has been extended till 31.01.2022....

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Recent Posts in "Export Incentive"

EPCG Scheme Relaxed for Sectors Affected by COVID-19 Pandemic

The Indian government has announced a one-time relaxation from maintaining average export obligation and an option to extend the export obligation period for certain sectors under the Export Promotion Capital Goods (EPCG) Scheme. The sectors that are eligible for this relief are the Hotel, Healthcare, and Educational sectors. For the year...

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Posted Under: DGFT

MEIS Benefit cannot be denied for mere non- marking of ‘Y’ against reward column

Hindalco Industries Limited Vs Union of India & Ors (Delhi High Court)

Petitioner’s intended to take benefit of MEIS scheme. Thus, error of not marking ‘Y’ against reward column is clearly an inadvertent error....

Read More

Commissioner (A) should consider order Passed by it in past for Similar Goods

ABB India Limited Vs Union of India (Bombay High Court)

ABB India Limited Vs Union of India (Bombay High Court) The Petitioner is a manufacturer of circuit breakers and switch gears of high voltage. The Petitioner exported the goods under ten shipping bills dated 21 January 2008, 5 February 2008, 12 February 2008, 4 March 2008, 11 March 2008, 11 June, 2008, 5 June, 2008, […]...

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Export Promotion Capital Goods Scheme

EPCG Scheme was launched in the 1990s to facilitate import of capital goods with the aim to enhance the production quality of goods and services, thereby, increasing India’s international manufacturing competitiveness. This is a scheme relating to import of capital goods at Zero duty. The benefit of zero duty is subject to fulfilment of...

Read More
Posted Under: DGFT |

Export Promotion Council for Handicraft (EPCH) Membership & RCMC

EPCH is a non-profit organisation.  It's an apex body formed under the companies act. Setting up EPCH aims to promote and preserve the traditional handicraft industry and promote handicraft export in the international market....

Read More
Posted Under: DGFT |

Refund of IGST allowed on exported goods after deduction of drawback duty

Kishan Lal Kuria Mal International Vs Union of India (Delhi High Court)

Whether or not refund of IGST on exported goods will be allowed in the present petition after deduction of the drawback duty?...

Read More

SC: Liability to pay customs duty invocable when DEPB license is fake/forged

Munjal Showa Ltd. v. Commissioner of Customs and Central Excise (Supreme Court of India)

SC directed adjudicating authority to complete penalty proceedings on remand, at the earliest preferably within a period of six months from the date of this judgment as the penalty proceedings were reported to be pending pursuant to the remand order passed by the CESTAT....

Read More

RoDTEP and RoSCTL: Transferability Eased

RoDTEP and RoSCTL are e-scrips issued by customs in respect of remission of embedded local duties/ taxes/ levies in exported goods....

Read More
Posted Under: DGFT |

Duty Drawback can be availed on goods transferred to EOU on conversion by DTA unit

Combitic Global Caplet Pvt. Ltd Vs Union of India (Delhi High Court)

Assessee as an EOU was entitled to claim deemed export drawback on raw materials/inputs which remained unutilized with the then-existing DTA unit at the time of its conversion into a 100% EOU....

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Drawback refund cannot be denied for Mistakenly suffixing ‘A’ instead of ‘B’

Gujarat Nippon International Pvt. Ltd Vs Union of India (Bombay High Court)

Petitioner never claimed higher draw back. Mistakenly suffix ‘A’ was included instead of ‘B’ but draw back claimed was same as custom component...

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