High-Tech Products export Promotion Scheme.
Under this scheme, exports of notified high-tech products were entitled for a duty credit scrip of 10% of the incremental growth in exports. Now this is changed to 1.25% of the FOB value or 5% of the incremental growth in FOB value. Exports made by EOUs / EHTPs / BTPs who do not avail direct tax benefits / exemption shall be eligible, provided the entire credit does not exceed Rs. 15 Crores in a year.
DGFT NOTIFICATION NO. 19 (RE-2007)/2004-2009., Dated: July 30, 2007