FTP – Focus market scheme – Policy amended
AS per para 3.14.2 of the Foreign Trade Policy, the entitlement for the FOCUS MARKET SCHEME (FMS), is
Exporters of all products to notified countries (as in Appendix 37C of HBPv1) shall be entitled for Duty Credit Scrip equivalent to 3 % of FOB value of exports (in free foreign exchange) for exports made from 2 7.8.2009 onwards, unless a specific date of export / period is specified by public notice/notification.
The text marked in red is inserted now.
DGFT NOTIFICATION NO. 25 /2009-14, Dated: January 15, 2010