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June, 2023
The EPCG Scheme, under Chapter 5 of the FTP 2023, facilitates the import of capital goods at zero customs duty for pre-production, production, and post-production activities. Importers are required to fulfill an export obligation equivalent to six times the duty saved within six years. The scheme covers manufacturer exporters, merchant exporters tied to supporting manufacturers, and service providers, including Common Service Providers in Towns of Export Excellence and PM MITRA parks. It also includes provisions for indigenous sourcing of capital goods, reduced export obligations for green technology products, and exemptions for sectors like handicrafts and agriculture.
April, 2020
March, 2017
This scheme aims to bridge critical gaps in India's export infrastructure, thereby enhancing the country's competitiveness in global trade. Recognizing that robust infrastructure is fundamental for efficient export operations, TIES provides financial assistance for diverse infrastructure projects. Key projects supported under the scheme include port development, logistics parks, cold-chain facilities, air cargo terminals, trade facilitation centres, transport infrastructure, and quality control laboratories. By investing in these essential areas, TIES strategically strengthens India's overall export capability and fosters improved logistics and trade efficiency nationwide.
December, 2015
It is an initiative by the Government of India aimed at enhancing the competitiveness of Indian exports by providing subsidized interest rates on pre- and post-shipment rupee export credit. Initially set for five years, the scheme has been extended multiple times, reflecting its significance in supporting exporters, especially during global economic challenges. Under the scheme, MSME manufacturer exporters are eligible for a 3% interest subvention, while manufacturer and merchant exporters of specified 410 tariff lines receive a 2% subvention. The scheme primarily targets labor intensive sectors such as handicrafts, garments, leather goods, and processed agricultural products, aiming to boost employment and export performance.
April, 2015
Under this scheme, exports of notified goods/ products to notified markets as listed in Appendix 3B of Handbook of Procedures, are granted freely transferable duty credit scrips on realized FOB value of exports in free foreign exchange at specified rate (2-5%). Such duty credit scrips can be used for payment of custom duties for import of inputs or goods, payment of excise duty on domestic procurement, payment of service tax and payment of custom duties in case of EO default. Exports of notified goods of FOB value upto Rs 25, 000 per consignment, through courier or foreign post office using e-commerce shall be entitled for MEIS benefit.
April, 2015
This scheme aims to enhance the global competitiveness of India's service sector by providing incentives to service exporters. Under SEIS, service exporters receive duty credit scrips, which can be used to offset various import duties and taxes. The scheme offers percentage-based benefits ranging from 3% to 5% of the net foreign exchange earned, varying according to the nature of exported services. SEIS broadly supports diverse sectors, including IT and IT-enabled services, professional and consultancy services, education, healthcare, tourism and hospitality, as well as cultural, sports, and entertainment services, thus promoting comprehensive growth and diversification of India's service export portfolio.
June, 2005
The Special Economic Zones (SEZ) Act, 2005 was enacted to promote exports by providing simplified regulatory procedures, duty exemptions, and world-class infrastructure within designated zones. A significant share of SEZs approved under the Act are dedicated to IT and IT-enabled services (ITeS), as well as electronics hardware manufacturing. These IT/ITeS SEZs, concentrated in states like Karnataka, Telangana, Maharashtra, and Tamil Nadu, have become major hubs for software exports and electronics production, offering benefits such as income tax exemptions, duty-free imports, and single-window clearances to export-oriented units.
January, 1989
January, 1964
