Clarification on availability of benefit under Focus Product Scheme on export of item 'OMEPRAZOLE AND LANSOPRAZOLE
THE product description appearing under ITC HS 30049034 mentioned at Sl No.472 of Appendix 37-D, Table-1 of Foreign Trade Policy 2009-14 which was placed at serial no. 503 in Table 1 of Appendix 37 D as notified vide public notice no. 52 dated 25.02.2014, is:'OMEPRAZOLE AND LANSOPRAZOLE'
DGFT has received representations stating that the bulk drugs Omeprazole and Lansoprazole are two different export products but have the same ITC HS code for availing FPS benefit under FTP 2009-14. These products should be given different serial numbers in Table 1, Appendix. 37D of HBP 2009-14. It is also stated that Omeprazole and Lansoprazole are two different molecules with their different identifications belong to group "Proton Pump Inhabitor". There is no combination of these two bulk drugs under any brand name in the market.
DGFT has advised RAs that while considering grant of Focus Product Scheme benefit of Foreign Trade Policy 2009-14 under ITCHS 30049034 mentioned at Sl No.472 of Appendix 37-D, Table-1 which was placed at serial no. 503 in Table 1 of Appendix 37 D notified vide public notice no. 52 dated 25.02.2014, the product whether omeprazole is exported or lansoprazole is exported, it will be incentivised under FPS.
DGFT Trade Notice No. 19/2015., Dated: February 17, 2016