Copyrights with Adv. J. B. Somani, Mumbai (India) 1 10. Benefits of Export Aaronica Global Exim Pvt....

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Copyrights with Adv. J. B. Somani, Mumbai (India) 1 10. Benefits of Export Aaronica Global Exim Pvt. Ltd. 2 nd Floor, Balaji Building No. 1, Madhavwadi, MMGS Marg, Dadar (East), Mumbai 400014 (Maharashtra) India Ph:- (022)32165011, 09325788702, 09819516605. Pune Office Ph. (020) 25441318, 32915916, 09325788704 Web Site:- www.nishantpub.com You Tube :- www.youtube.com/user/jaysomani64 Facebook :- www.facebook.com/jayprakash.somani By: Jayprakash B. Somani MBA( Foreign Trade), LL. B. Exim Trainer & Advocate in CESTAT & High Court Mumbai Cell:- 07719913587 E-mail:- [email protected] VP Prakashji 09322188701 [email protected] Deepika 09763440626 [email protected]

Transcript of Copyrights with Adv. J. B. Somani, Mumbai (India) 1 10. Benefits of Export Aaronica Global Exim Pvt....

Page 1: Copyrights with Adv. J. B. Somani, Mumbai (India) 1 10. Benefits of Export Aaronica Global Exim Pvt. Ltd. 2 nd Floor, Balaji Building No. 1, Madhavwadi,

Copyrights with Adv. J. B. Somani, Mumbai (India) 1

10. Benefits of Export

Aaronica Global Exim Pvt. Ltd. 2nd Floor, Balaji Building No. 1, Madhavwadi, MMGS Marg, Dadar (East), Mumbai 400014 (Maharashtra) IndiaPh:- (022)32165011, 09325788702, 09819516605. Pune Office Ph. (020) 25441318, 32915916, 09325788704Web Site:- www.nishantpub.com You Tube :- www.youtube.com/user/jaysomani64Facebook :- www.facebook.com/jayprakash.somani

By: Jayprakash B. Somani MBA( Foreign Trade), LL. B.Exim Trainer & Advocate in CESTAT & High Court Mumbai Cell:- 07719913587 E-mail:- [email protected] Prakashji 09322188701 [email protected] 09763440626 [email protected]

Page 2: Copyrights with Adv. J. B. Somani, Mumbai (India) 1 10. Benefits of Export Aaronica Global Exim Pvt. Ltd. 2 nd Floor, Balaji Building No. 1, Madhavwadi,

1. Duty Drawback(Taking duty back form Govt.)

Customs BenefitClick

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Page 3: Copyrights with Adv. J. B. Somani, Mumbai (India) 1 10. Benefits of Export Aaronica Global Exim Pvt. Ltd. 2 nd Floor, Balaji Building No. 1, Madhavwadi,

2. CENVAT CREDIT(Excise Drawback)

Excise Benefit

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3. Service Tax ExemptionService Tax Benefit

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Page 5: Copyrights with Adv. J. B. Somani, Mumbai (India) 1 10. Benefits of Export Aaronica Global Exim Pvt. Ltd. 2 nd Floor, Balaji Building No. 1, Madhavwadi,

4. Standard Imput Output Normsi.e. SION (DGFT Benefit)Against Export, how much we can import duty free. Chart is here

CLICK

Page 6: Copyrights with Adv. J. B. Somani, Mumbai (India) 1 10. Benefits of Export Aaronica Global Exim Pvt. Ltd. 2 nd Floor, Balaji Building No. 1, Madhavwadi,

5. ADVANCE AUTHORISATION SCHEME PHYSICAL EXPORT (DGFT Benefit)

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Duty free import of Inputs, Fuel, Oil, Energy, Catalyst

etc.

+V.A.;AU condition; Norm fixed & No, Norm cases;

Imports & Exports valid upto 18 months; Further extn

allowed

Supply to SEZ units also covered;

E.O. discharge based on S/Bs & BRC

(Irrevocable L/C , Provision of Avalisation, Co-acceptance also

available)

Page 7: Copyrights with Adv. J. B. Somani, Mumbai (India) 1 10. Benefits of Export Aaronica Global Exim Pvt. Ltd. 2 nd Floor, Balaji Building No. 1, Madhavwadi,

6. Advance Authori. (Intermediate Supply)(DGFT Benefit)

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For supplies to Advance licence for physical

exports; Alternatively direct Physical Exports also

allowed

Duty free import of Inputs, Fuel, Oil, Energy,

Catalyst etc.

+V.A.;AU condition; Norm fixed & No Norm cases;

Imports & Exports valid upto 18 months; Further extn

allowed.

E.O. discharge based on S/Bs & Bank certificate

(Irrevocable inland L/C, Provision of Avalisation, co-

acceptance also available)

Page 8: Copyrights with Adv. J. B. Somani, Mumbai (India) 1 10. Benefits of Export Aaronica Global Exim Pvt. Ltd. 2 nd Floor, Balaji Building No. 1, Madhavwadi,

7. Advance Authori. (Deemed Export)(DGFT Benefit)

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For supplies within India under various projects,

supplies to EOU/EHTP/STP/BTP

Duty free import of Inputs, Fuel, Oil, Energy, Catalyst

etc.

+V.A.;AU condition; Norm fixed & No Norm cases;

Imports & Exports valid upto 18 months or co-terminus

with the project; Extn allowed

E.O. discharge based on S/Bs & Bank certificate

(Irrevocable inland L/C, Provision of Avalisation, co-acceptance also

available)

Anti-dumping & Safeguard duty not exempted except

supplies to EOU/EHTP/STP/BTP

Page 9: Copyrights with Adv. J. B. Somani, Mumbai (India) 1 10. Benefits of Export Aaronica Global Exim Pvt. Ltd. 2 nd Floor, Balaji Building No. 1, Madhavwadi,

8. DUTY FREE IMPORT AUTHORISATION SCHEME (DFIA)(DGFT Benefit) Refer FTP

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Page 10: Copyrights with Adv. J. B. Somani, Mumbai (India) 1 10. Benefits of Export Aaronica Global Exim Pvt. Ltd. 2 nd Floor, Balaji Building No. 1, Madhavwadi,

9. EPCG Scheme (DGFT Benefit)

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Zero duty EPCG scheme allows to Import of capital goods with AU

condition for pre-production, Production & Post production

purposes related to export (Both Physical & deemed) E.O. 6 times

the duty saved in 6 years

At concessional rate of 0 % duty E.O. 6 times the duty saved in 6

years ;

E.O. monitoring in two blocks only

Special Dispensation for licence with duty saved of

Rs 100 crores or above, Agro units, SSI units, BIFR.

E.O. period 8 years and varied /reduced E.O.

EPCG licence for project import—Reduced E.O.

Export of alternate product/services allowed (see more details in

chapter 5 of FTP 2015-20)

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. 10. Benifits of Status Export Houses

DGFT & Customs Benefit

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11. Market Access Initiative MAI DGFT Benefit

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12. Marketing Development Assistance MDA (DGFT Benefit)

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13. Merchandise Exports from India Scheme Products i. e. MEIS (DGFT Benefit) Click

2 to 7 %

Page 15: Copyrights with Adv. J. B. Somani, Mumbai (India) 1 10. Benefits of Export Aaronica Global Exim Pvt. Ltd. 2 nd Floor, Balaji Building No. 1, Madhavwadi,

14. Service Exports from India Scheme Products i. e. SEIS (DGFT Benefit) Click

3 % to 5%

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14. Service Exports from India Scheme Products i. e. SEIS (DGFT Benefit) Click

3 % to 5%

Page 17: Copyrights with Adv. J. B. Somani, Mumbai (India) 1 10. Benefits of Export Aaronica Global Exim Pvt. Ltd. 2 nd Floor, Balaji Building No. 1, Madhavwadi,

15. EET Export Excellence Towns (DGFT Benefit) Ref FTP

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16. Assistance to States for Infrastructure Development of Exports i.e. ASIDE (DGFT Benefit) Refer FTP