EXIM Consultation

Overview

Srish offers rich experience and knowledge in Export-Import consultation on post and pre-export benefits and incentive schemes.

EXIM Indirect Taxation: Afflications with DGFT / ZDGFT, Customs, GST & Ministries

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IEC
(Import & Export Code)

Upgradation of the IEC profile system for all trade beginners

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RoDTEP
(Remission of Duties and Taxes on Export Products)

Incentive for Indian exporters by govt to encourage the exports.

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ROSCTL
(Rebate of State and Central Taxes and Levies on Export of Garments and Made-ups)

Scheme to rebate all embedded State and Central Taxes/levies for meant for exports of made-up articles & garments.

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Status Holder Certificate

Status Holder Certificate - Incentive provided by govt for giving more contributions to foreign trade based on export value

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IES
(Intrest Equalisation scheme)

A scheme for exporters to get access to reduced cost of capital

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TMA
(Transport & Marketing Assistance)

Incentive for more exporting of more in agricultural produce, which helps in creating brand recognition for Indian agricultural products in Overseas market.

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Advance Authorisation Scheme

Advance Authorization Scheme - Scheme for duty free imports of raw materials, which are required to produce export goods.

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EPCG
(Export Promotion Capital Goods)

Scheme to facilitate import of capital goods for producing quality goods and services and enhance India's manufacturing competitiveness

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EOU
(Export Oriented Units)

To boost exports, increase foreign earnings, and created employment in India, also covers Free Trade Zone, and Export Processing Zone.

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Deemed Exports

“Deemed Exports” for the purpose of this FTP refer to those transactions in which goods supplied do not leave country, and payment for such supplies is received either in Indian rupees or in free foreign exchange.

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SCOMET
(Special Chemicals, Organism, Materials, Equipment and Technologies)

Certified items on dual-use items having potential for both civilian applications as well as weapons of mass destruction.

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PLI
(Production Linked Incentive Scheme)

Incentive scheme for the encouragement for both International &Domestic operations of manufacturing sectors particularly for facilitation for the importer of goods from Ogrin.

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AEO
(Authorized Economic Operator)

Facilitation on Good safety and Timely assessment on moving goods faster for production on exports.

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Duty Drawback

Under Duty Drawback Scheme (DBK), exporters are given compensation on customs and central excise duties incurred on materials used in the manufacture of exported goods.

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Duty Free Import Authorisation

to allow duty-free imports of raw materials for exporters after the completion of exports.

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EDD
(Extra Duty Deposit / Special Valuation Branch)

The EDD is charged as 1% or 5 % of the value of the goods as per SVB circular,irrespective of classification and rate of duty applicable on the goods .

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IGST (The Integrated Goods and Services Tax)

The Integrated Goods and Services Tax or IGST is a tax under the GST regime that is applied on the interstate (between 2 states) supply of goods and/or services as well as on imports and exports.

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RCMC
(Registration-Cum Membership Certificate)

Issued for five financial years by the Export Promotion Councils (EPCs) / Commodity board / Development authority or other competent authority in India.

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E-Token

Secured way of transfer of data or transaction by the authorized person, which reduces the time taken at DGFT.

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SIMS
(Steel Importing Monitoring System)

Monitored information on Steel import by the govt and relevant stake holders.

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CHIMS
(Chip Import Monitoring System)

It is to provide advance information about the Import of Integrated Circuits in India to the government as well as relevant stakeholders.

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PIMS
(Paper Import Monitoring System)

Monitored information on Paper products which will aid in the analysis of trade data and facilitate policy formulation.

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COO
(Certificate of Origin)

Document to be claimed by the exporter particularly important for an exporter claiming import duty.