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The schemes under Duty Credit Scheme:

What is Focus Market Scheme?                                                                                                                      

The objective of this scheme is to reduce high freight cost and other duties in order  to target global markets with a mission to improvise India's acceptebiity in those countries as a competitor 

Highlights of Focus Market Scheme

Duty Credit Scrip equivalent to 3 % of FOB value of exports (in free foreign exchange) for exports made from 27.8.2009 onwards shall be entitled for all the exporters of all notified countries as in Appendix 3 7C of HBPv1, provided a specific date of export / period is specified by public notice / notification. 

Utilisation of Focus Market Scheme

The transferability of duty credit scrip and items imported against it would be applicable.Duty Credit Scrip may be used for import of inputs or goods including capital goods provided same is freely importable and / or restricted under ITC (HS).
Duty Credit Scrips under Chapter 3 of FTP can also be utilized for payment of duty against imports under EPCG scheme provided the item is importable against the scrip.

What you can expect from us

We offer help to the exporters in considering their chances of various Duty Credit Schemes for foreign or domestic tradings,highlighting their way of maximum profit,preparing applications, documentations,co-ordination with DGFT and its other offices untill the issuance of the Duty Credit Scrips.