Export to mexico benefits.

This query is : Resolved

Amol (Querist)
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22 February 2013 Can we avail below benefits for export to Mexico?

DBK 2%
FMS(FTP para.3.14.2)duty credit scrip 3%
FMS(FTP para.3.14.2)addl. duty credit scrip 1%

total 6%

please confirm.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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23 February 2013 CHAPTER-3 BENEFIT IS AVAILABLE BUT BEFORE READ LINK:

http://www.eximkey.com/contents/showpage1.asp?pageid=28320

http://taxguru.in/dgft/dgft-amendments-rewardincentive-schemes-chapter-3-foreign-trade-policy-200914-appendix-37a37c-37d.html

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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23 February 2013 REFER TO POLICY PROCEDURES PARA 3.8 Policy pertaining to FPS is given in Chapter 3 of FTP. Notified Products are listed in Appendix 37D.

PARA 3.8.1 An application for exports made from 27.8.2009 onwards shall be filed, with RA concerned in ANF3C along with documents prescribed therein. Eligibility of Focus Product (as in Appendix 37C) shall be determined from date of export as per Para 9.12 of HBP v1.

PARA 3.8.2 Applicant shall be required to submit proof of landing of export for FMS and MLFPS consignment in specified market. Any one of the following documents should suffice, as a proof of landing of export consignment in specified Focus Market: (i) A self attested copy of import bill of entry filed by importer in specified market, or (ii) Delivery order issued by port authorities, or (iii) Arrival notice issued by goods carrier, or (iv) Tracking report from the goods carrier (Shipping Line/ Airline etc. or his accredited agent in India) duly certified by them, evidencing arrival of export cargo to destination Focus Market, or (v) For Land locked Focus Market, Rail/Lorry receipts of transportation of goods from Port to Land locked Focus Market, or (vi) Any other documents that may satisfactorily prove to RA concerned that goods have landed in / reached the Focus Market. In case of (iv) and (vi) above, the accredited agent of the Goods Carrier must certify that he is the accredited agent of the concerned Goods Carrier on the date of issuance of the tracking report / document. Further, in the case of issuance of any other document under (vi) above, the accredited agent must state that he has verified that this proof of landing of goods in relevant Focus Market is given based on information available in the Goods Carrier’s backup database and he has issued this document accordingly.

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