The Export Promotion Schemes can be categorized as -
Duty exemption scheme which permit duty free import of inputs required for export production viz.Advance Authorisation and Duty Free Import Authorisation (DFIA)
Duty remission scheme which enable post-export replenishment of / remission of duty paid on inputs viz.Duty Entitlement Pass Book Scheme
Reward schemes which entitle exporters to duty credit scrips subject to various specific conditions like Served from India Scheme (SFIS), Vishesh Krishi Gram Udyog Yojana (VKGUY), Focus Market Scheme (FMS), Focus Product Scheme (FPS) and Status Holder Incentive Scheme.
Export Promotion Capital Goods (EPCG) Scheme which permits an exporter to import Capital Goods at concessional / Nil duty against an export obligation to be fulfilled in specified time.