FTP - VKGUY benefit on Skimmed Milk Powder has been withdrawn
DGFT has amended the Handbook of Procedures (Vol. I) (Appendices and Aayat Niryat Forms) 2009-2014, to withdraw VKGUY benefit on Skimmed Milk Powder.
VKGUY - Vishesh Krishi and Gram Udyog Yojana has the objective to compensate high transport costs and offset other disadvantages to promote exports of the following products :
(i) Agricultural Produce and their value added products;
(ii) Minor Forest Produce and their value added variants;
(iii) Gram Udyog Products;
(iv) Forest Based Products; and
(v) Other Products, as notified from time to time.
Products listed in Appendix 37A of HBPv1, shall be entitled for Duty Credit Scrip equivalent to 5 % of FOB value of exports (in free foreign exchange) for export made from 27.8.2009 onwards, unless a specific date of export/period is specified by a public notice/notification.
Skimmed Milk Powder was added to the Appendix 37A of HBPv1 by PN. No. 4/2012 dated 8.6.2012 and now it is deleted.
DGFT Public Notice 67/(RE: 2013) /2009-2014, Dated: July 15, 2014