IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 27 Aug 2009 | Removal date: open ended
Still in force

Tax-based export incentive

 On 8 September 2009, the Government of India vide Public Notice No. 08 / 2009-2014, widened the application of export benefits under the Market Linked Focus Product Scheme (MLFPS) and the Focus Product Scheme (FPS). 
 
Motor cars and liquid elevators (pumps) were added to the MLFPS, and linkled with exports to Algeria, Egypt, Kenya, Nigeria, South Africa, Tanzania, Brazil, Mexico, Ukraine, Australia, New Zealand, Cambodia and Vietnam.
 
The MLFPS incentivises exports to specified markets in the listed products/sectors. Exporters are granted 2% FOB value of exports in the form of duty credit scrips, which scrips may then be used to pay various dues to the government and, under some conditions, be transferred in the open market. 
 
Machines and apparatus for soldering, brazing or welding and safety matches were introduced as new focus products. The Focus Product Scheme grants eligible exporters of the listed products (including exports to any market) with duty credit scrips worth upto the value of 2% FOB value of exports. 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

389 Other manufactured articles n.e.c.
3605 Matches, other than pyrotechnic articles of heading 36.04.
360500 Matches, other than pyrotechnic articles of heading 36.04.
432 Pumps, compressors, hydraulic & pneumatic power engines; parts
8413 Pumps for liquids, whether or not fitted with a measuring device; liquid elevators.
841311 Pumps for dispensing fuel or lubricants, of the type used in fillingstations or in garages
841319 Other
841320 Hand pumps, other than those of subheading 8413.11 or 8413.19
841330 Fuel, lubricating or cooling medium pumps for internal combustion piston engines
841350 Other reciprocating positive displacement pumps
841360 Other rotary positive displacement pumps
841370 Other centrifugal pumps
841381 Pumps
841391 Of pumps
442 Machine-tools & parts
8468 Machinery and apparatus for soldering, brazing or welding, whether or not capable of cutting, other than those of heading 85.15; gasoperated surface tempering machines and appliances.
846880 Other machinery and apparatus
8515 Electric (including electrically heated gas), laser or other light or photon beam, ultrasonic, electron beam, magnetic pulse or plasma arc soldering, brazing or welding machines and apparatus, whether or not capable of cutting; electric machines and appar
851531 Fully or partly automatic
851590 Parts
444 Machinery for mining, quarrying & construction; parts
8704 Motor vehicles for the transport of goods.
870410 Dumpers designed for offhighway use
491 Motor vehicles, trailers & semi-trailers; parts
8703 Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars.
870310 Vehicles specially designed for travelling on snow; golf cars and similar vehicles
870321 Of a cylinder capacity not exceeding 1,000 cc
870322 Of a cylinder capacity exceeding 1,000 cc but not exceeding 1,500 cc
870323 Of a cylinder capacity exceeding 1,500 cc but not exceeding 3,000 cc
870324 Of a cylinder capacity exceeding 3,000 cc
870331 Of a cylinder capacity not exceeding 1,500 cc
870332 Of a cylinder capacity exceeding 1,500 cc but not exceeding 2,500 cc
870333 Of a cylinder capacity exceeding 2,500 cc
870390 Other
8704 Motor vehicles for the transport of goods.
870421 g.v.w. not exceeding 5 tonnes
870422 g.v.w. exceeding 5 tonnes but not exceeding 20 tonnes
870423 g.v.w. exceeding 20 tonnes
870431 g.v.w. not exceeding 5 tonnes
870432 g.v.w. exceeding 5 tonnes
870490 Other

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