MoC announces export incentives for over 600 products
14 Feb '11
3 min read
1.2.2 57 New products incentivised under FPS at 8 digit level, eligible for benefits @ 2% of FOB value of exports to all markets.
These include: Engineering Items like Industrial Synthetic Foaming Fabric and Electric Discharge Machine Wire (Brass Wire); Laminated Leaf Spring; Plastic Extrusion Plant and Machinery; Parts for Plastic Extrusion machinery; ERW Pipes; Ferro Chrome;Electronic Items like Connectors- Plugs and Sockets; Permanent Magnets and Parts of Electro magnetic Couplings etc.; • Chemical Items like Danes Salt of D_Phenyl Glycine; Pigments; Articles of Paper Board; Permanent Magnets and Parts of Electro magnetic Couplings etc.; Cobalt unwrought etc.; other cobalt items; • Paper Products like Articles of Paper Board; • Rubber Products like Pneumatic Tyres and Pneumatic Inner Tubes; • Plastic Products like Reprographic films, Bags of Polyethylene; • Leather items like Chamois Leather; • Textile Items like Industrial Synthetic Foaming Fabric; Polyester Oriented Yarn, Polyester Staple Fibre, Made-ups of Man Made / synthetic material under Chapter 63; Miscellaneous items like Human Hair.
1.2.3 Special Focus Products: 1 product (Egg powder) incentivised as Special Focus Product at 8 digit level, eligible for benefits @ 5% of FOB value of exports to all markets. 1.3 Vishesh Krishi and Gram Udyog Yojana (VKGUY): 6 New products (Castor Oil Meal – Defatted Variety and Instant Coffee) incentivised under VKGUY at 8 digit level, eligible for benefits @ 5% of FOB value of exports to all markets.