FMS - FPS and HTPEPS - procedure to apply only to EDI ports

By Vijay Kumar

Wonder what these are? FOCUS MARKET SCHEME (FMS) FOCUS PRODUCT SCHEME (FPS) HIGH-TECH PRODUCTS EXPORT PROMOTION SCHEME (HTPEPS)

DGFT has amended the HOP to stipulate that the procedure prescribed for these schemes will apply only to EDI enabled ports. In case of Non Edi ports,

1. separate application shall be filed consolidating all shipments for each port. Such application for non-EDI shipments shall not be treated as supplementary application even if periodicity is repeated

2. the port of registration shall be the port of exports.

3. the facility of splits shall not be allowed, after issue of scrip for the above schemes.

DGFT Public Notice No 73 (RE-2007)/2004-2009, Dated: October 24, 2007 .