GSCSPL’s consultation services will let you evade the hectic process of DGFT-related registration or any other process. We assist our clients in the preparation of documents and provide hassle-free services. Prepare and submit online applications to obtain the License under the scheme. Registration of the License is done in custom from our office. We also assist in the selling of licenses and provide help in documentation for the transfer of a license to the buyer. Also, do the online transfer by recording the details on the DGFT website.
Our services include:
• MEIS Scheme: The Objective of the Merchandise Export from India Scheme (MEIS) is to provide rewards to exporters to offset infrastructural inefficiencies and associated costs.
• SEIS Scheme: The objective of the Service Exports from India Scheme (SEIS) is to encourage and maximize the export of notified Services from India. It is applicable to service exporters from India.
• RoSCTL Scheme to rebate all state and central taxes for garments and made-ups by replacing the previous scheme Rebate of State Levies, which provides only rebates of state taxes. The RoSCTL Scheme came into effect on 07/03/2019.
As we know, the USA has filed a complaint against India at the World Trade Organization (WTO). The complaint is that the Indian government gives undue benefits to Indian Exporter under export subsidies like the MEIS scheme, and it is against the WTO rules. Therefore, the Rebate of State and Central Taxes and Levies (RoSCTL) Scheme is a new scheme introduced by the Ministry of Commerce. Currently, RoSCTL scheme is only valid for garments and made-ups (i.e., Chapter 61, 62 & 63). Further, this scheme would be extended to all sectors. As per Public Notice No. 58/2015-20 Dated 29.01.2020, Merchandise Exports from India Scheme (MEIS) has also been withdrawn for Export items falling under Chapter- 61, 62 & 63, w.e.f, 07.03.2019.
• RoDTEP Scheme: The exporters can get the refund of embedded central, state and local duties or taxes that were not getting refunded under any of the existing scheme under RoDTEP Scheme. It is expected that the scheme will significantly impact India's competitiveness in international market in next 5 to 10 years and would work on the principle that taxes/duties should not be exported, It should either be exempted or remitted to exporters.
Implementation of RoDTEP will be done by the customs. On 17th August 2021 Government released the guidelines and benefit rates under RoDTEP Scheme for 8555 tariff lines. The rebate rate varies from 0.5% to 4% on FOB value with a cap on value per unit on products where it is required.
• Transport and Marketing Assistance (TMA) scheme is introduced by the Government of India for agricultural products. It aims to provide less expensive transportation of goods, referred to as freight, which is an integral element of today’s international trade. Under this scheme, the cost of transportation required to export some specific agricultural products has lowered. It essentially means that the Freight Cost up to a specific limit will be reimbursed by the Government to make our Agricultural products competitive in the global market. It also provides benefits for the marketing of agricultural products, which helps to promote the brands and help them attain the recognition for Indian agrarian products in the overseas markets. The TMA Scheme is included in the Foreign Trade Policy (2015-20) and was introduced on 01.03.2019.
• Advance Authorisation Scheme, the exporter can import raw materials duty-free. As per Chapter 9 of FTP para, 9.44 “Raw material” means input(s) required for the manufacturing of goods. These inputs either can be in a raw/natural/unrefined/unmanufactured or manufactured state. Hence, Advance License is issued to allow duty-free import of inputs, which is physically incorporated in export products (after making a normal allowance for wastage). In addition to this, fuel, oil, the catalyst which is consumed/utilized in the process of production of export products, may also be allowed.
Duties are Exempted under the Advance Authorisation Scheme. Imports under Advance License are exempted from the payment of Basic Customs Duty (BCD), Additional Customs Duty, Education Cess, Anti-dumping Duty, Countervailing Duty, Safeguard Duty, Transition Product Specific Safeguard Duty, wherever applicable. Under the Advance Authorisation, imports for physical exports are also exempted from the whole of the integrated tax and Compensation Cess and such imports shall be subject to pre-import conditions. Imports against Advance Authorisations Scheme for the physical exports are exempted from Integrated Tax and Compensation Cess up to 31.03.2020 only. As per Notification No. 57/2015-20 dated 31.03.2020, this exemption is renewed till 31.03.2021.
• DFIA Scheme: In the Foreign Trade Policy, Duty exemption schemes were introduced to enable the duty-free import of raw materials or inputs required for the manufacturing of export products, which made life easier for the exporters.
• DFIA scheme was introduced on 1st May 2006 in place of the Duty-Free Replenishment (DFRC) scheme, and it is similar to the Advance Authorisation Scheme with certain differences. • The license issued under the DFIA scheme allows duty-free import of – inputs or raw materials, oil, fuel, catalyst, and energy resources, all required to obtain the export products. • DFIA shall be issued only for the products for which standard Input and Output Norms (SION) have been notified; hence import entitlement must be limited to the quantity given in SION. DFIA License is transferable; license or inputs imported can be transferred or sold under DFIA Scheme. Duties Exempted under DFIA Scheme: • Only the payment of basic customs duty (BCD) is exempted under the Duty-Free Import Authorisation scheme. • IGST and Compensation Cess are not exempted under the DFIA scheme.
• Export Promotion Capital Goods Scheme (EPCG Scheme) can be explained as “Duty-Free (Zero Customs Duty) Import of Capital Goods/Machinery for the manufacture of products meant for Export.” The Capital Goods may be used for production, pre-production & post-production stages of goods. This scheme is also known as zero duty EPCG scheme. We are all well aware of the heavy custom duties companies have to pay on the Capital machinery imported for the production requirements, due to which businessmen usually do not import them and compromise with the quality of the goods.
The higher the price of the Machinery used to be, the higher the custom duty was, and this functionality started affecting the competitiveness and quality of manufacturing industries deeply. To improve this situation, The Government of India came up with a scheme where it was allowed to import capital goods at zero customs duty. EPCG Scheme was introduced by the Government of India to facilitate the Import of Capital Goods/Machinery for producing high-quality goods and services. The main aim of the EPCG Scheme is to improve India’s competitiveness in the manufacturing sector.
• Export House Certificate or Status Holder Certificate is to boost export performance. As per the updates to the Foreign Trade Policy of 2015-2020, exporters are assigned status holder positions by their export performance. If you have attained a leadership position in your business niche and have an excellent track record of international commerce, you can be a Star Export House. You must have also made significant contributions to India's foreign trade. Furthermore, you must agree to undertake the mentoring of upcoming Indian entrepreneurs and thus help strengthen India's export-related commerce.
