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Introduction:-
SECTORAL INITIATIVES
Duty Drawback:
The Duty Drawback Scheme is administered by the Directorate of
Drawback, Ministry of Finance. Under Duty Drawback scheme, an
exporter is entitled to claim Indian Customs Duty paid on the imported
goods and Central Excise Duty paid on indigenous raw materials or
components.
Octroi Exemption:
Octroi is a duty paid on manufactured goods, when they enter the
municipal limits of a city or a town. However, export goods are
exempted from Octroi.
DEPB:
Duty Entitlement Pass Book in short DEPB Rate is basically an export
incentive scheme. The objective of DEPB Scheme is to neutralize the
incidence of basic custom duty on the import content of the exported
products.
DFRC:
Under the Duty Free Replenishment Certificate (DFRC) schemes,
import incentives are given to the exporter for the import of inputs
used in the manufacture of goods without payment of basic customs
duty. Duty Free Replenishment Certificate (DFRC) shall be available for
exports only up to 30.04.2006 and from 01.05.2006 this scheme is
being replaced by the
INTERNATIONAL
MARKETING
PROJECT
TOPIC:-
WHAT ARE THE HIGHLIGHTS
OF THE EXIM POLICY 2004-
09? EXPLAIN THE BENEFITS
TO IMPORTERS AND
EXPORTERS.