1. Export Promotion Capital Goods (EPCG) Scheme
Overview
The EPCG Scheme facilitates the import of capital goods at zero or concessional customs duty for the production of export goods and services. However, the beneficiary must fulfill certain export obligations mentioned in the scheme. Such Export obligations are calculated based upon the duty saved on Imports by the beneficiary.
This scheme aims to enhance India’s manufacturing competitiveness by providing businesses with access to advanced technology and machinery; thereby aligning with the government's goal of boosting India’s production capacity for global markets.
How can we help?
Our firm provides comprehensive assistance to clients in obtaining Export Promotion Capital Goods (EPCG) licenses, delivering end-to-end services encompassing application preparation, documentation, and compliance management. We ensure the precise filing of applications on the Directorate General of Foreign Trade (DGFT) portal and provide expert guidance on eligibility criteria and export obligation requirements as stipulated under the scheme.
We assist businesses in accurately calculating export obligations based on the duty saved, preparing detailed projections, and maintaining requisite records for compliance verification. Additionally, our services include periodic reporting to the DGFT, addressing amendments or extensions when necessary, and ensuring strict adherence to the provisions of the EPCG scheme for seamless operational compliance.
2. Advance Authorization Scheme
Overview
The Advance Authorization Scheme allows businesses to import inputs required for the manufacture of export products without paying customs duties. These inputs must be used in the production of export goods, and the exporter must meet specified export obligations. This scheme ensures cost-effective production and supports price competitiveness in international markets.
The scheme covers raw materials, components, and consumables required for manufacturing. Export obligations must be fulfilled within a specified time frame, ensuring that businesses contribute to export growth while benefiting from reduced input costs.
How can we help
Our firm assists exporters in applying for Advance Authorization by preparing and submitting applications with the requisite details, including input-output norms and technical specifications, thereby ensuring compliance with all requirements prescribed by the Directorate General of Foreign Trade (DGFT) and mitigating the risk of rejection or procedural delays.
Following the issuance of the authorization, our team provides continued support to clients by maintaining detailed records of imported materials and ensuring the fulfillment of export obligations within the stipulated time frame. Additionally, we facilitate the redemption of the authorization by preparing and submitting proof of exports and all relevant documentation to DGFT, ensuring full compliance and efficient closure of obligations.
3. Remission of Duties and Taxes on Exported Products (RoDTEP)
Overview
The RoDTEP Scheme reimburses embedded taxes and duties that are not otherwise refunded through existing mechanisms. By neutralizing these costs, the scheme enhances the price competitiveness of Indian exports in global markets.
Exporters are issued duty credit scrips under the RoDTEP scheme, which can be used to pay customs duties or transferred to other importers. The initiative is especially critical for ensuring compliance with WTO rules, replacing the erstwhile MEIS, which faced international scrutiny.
How can we help
Our firm assists clients in identifying eligible products and ensuring the accurate documentation of export transactions to facilitate the claim of duty credit scrips under the applicable scheme. We further provide expert assistance in mapping embedded taxes and duties, enabling businesses to maximize the financial benefits available under the provisions of the scheme.
Additionally, our team streamlines the filing process by meticulously preparing and submitting applications through the ICEGATE platform, ensuring the timely issuance of duty credit scrips. We also offer advisory services on the effective utilization or monetization of these scrips, thereby optimizing clients' financial advantages and enhancing their compliance with regulatory requirements.
4. Duty-Free Import Authorization (DFIA)
Overview
The DFIA Scheme enables duty-free import of inputs used in the production of export goods, subject to the fulfillment of value addition norms. Unlike Advance Authorization, the DFIA is transferable, allowing exporters to sell the benefit once export obligations are met.
This scheme is suitable for exporters seeking flexibility in managing duty-free benefits. It is particularly beneficial for those involved in large-scale or recurring exports, as it provides a cost-effective mechanism for input procurement.
How can we help?
Our firm facilitates the issuance of Duty-Free Import Authorization (DFIA) licenses by guiding clients through the entire application process, including the preparation of detailed input-output statements and value addition calculations, ensuring full compliance with DGFT regulations and securing necessary approvals in a timely and efficient manner.
Following approval, we provide continuous support to clients in managing imports under the DFIA and in meeting export obligations within the prescribed time frame. Our services further include assisting in the transferability of the scrip, allowing clients to monetize unused benefits by selling the license in the market, thereby enhancing the financial flexibility of their operations.
5. Export Oriented Units (EOU’s) and Special Economic Zones (SEZ’s)
Overview
EOUs and SEZs are designated areas where businesses are provided with duty-free import and tax incentives to promote export-oriented manufacturing and services. EOUs operate under customs bonding, while SEZs function as specifically demarcated zones with additional benefits like exemption from GST and income tax holidays.
These initiatives encourage businesses to set up operations in India while focusing on exports. By providing infrastructure and fiscal incentives, they attract foreign direct investment (FDI), foster economic growth, and integrate Indian businesses into global value chains.
How can we help
Our firm offers comprehensive assistance to businesses in establishing operations as Export Oriented Units (EOU’s) or within Special Economic Zones (SEZ’s) by managing the application process, obtaining necessary approvals, and securing applicable duty exemptions. We provide expert guidance on compliance with customs bonding, GST exemptions, and other relevant regulatory requirements to ensure smooth setup and operations.
Beyond the initial setup, our firm provides ongoing support in maintaining accurate records, filing regulatory returns, and availing key benefits such as tax holidays and duty-free imports. We serve as a liaison with government authorities, ensuring seamless operations and strict adherence to the rules and regulations governing EOU’s and SEZ’s.
6. Electronics Hardware Technology Parks (EHTP’s)
Overview
The Electronics Hardware Technology Park (EHTP) scheme under the Foreign Trade Policy promotes the development and export of electronic hardware products. Businesses operating under this scheme can import or procure goods and raw materials duty-free for manufacturing exportable products. EHTP units benefit from tax exemptions, simplified procedures, and flexibility in exporting goods while contributing to India’s goal of becoming an electronics manufacturing hub.
EHTP’s are permitted to sell a portion of their production in the domestic market, subject to payment of applicable duties. This scheme fosters the growth of electronics industries by offering infrastructure support, financial incentives, and reduced barriers for exporting cutting-edge hardware products.
How can we help
Our firm assists clients in establishing Electronics Hardware Technology Park (EHTP) units by preparing and filing applications with the Development Commissioner or DGFT, ensuring full compliance with the eligibility criteria. We guide clients through the approval process, infrastructure setup, and the procurement of duty-free goods, thereby facilitating the seamless commencement of operations.
Following the establishment of the EHTP unit, our firm provides ongoing support in maintaining statutory records, filing necessary returns, and ensuring compliance with EHTP-specific obligations. We further assist clients in availing duty exemptions, monitoring export obligations, and ensuring adherence to applicable regulatory frameworks, thereby enabling businesses to optimize the benefits provided under the EHTP scheme.
7. Software Technology Park (STPs)
Overview
The Software Technology Park (STP) scheme under the Foreign Trade Policy is designed to promote software exports and IT services development in India. STP units can import or procure goods and software duty-free for the development and export of software or IT-enabled services (ITES). This scheme provides benefits such as income tax exemptions, duty-free imports, and simplified regulatory processes to encourage software exports.
STPs also facilitate infrastructure support, such as high-speed data communication links, enabling seamless global operations. Businesses under the STP scheme can contribute to both export growth and the development of India's IT industry, while enjoying flexible business and compliance frameworks.
How can we help
Our firm assists businesses in registering as Software Technology Park (STP) units by preparing and submitting applications, securing necessary approvals from the Software Technology Parks of India (STPI), and ensuring full compliance with the scheme's eligibility criteria. We help clients understand the key benefits of the scheme and provide guidance on the duty-free procurement of hardware and software required for their operations.
Additionally, our team supports clients in availing tax benefits and export incentives under the STP scheme, ensuring that businesses maximize the advantages offered while allowing them to focus on their core activities. Our services are designed to optimize operational efficiencies and ensure compliance with all regulatory requirements.
8. Transport and Marketing Assistance (TMA) Scheme
Overview
The TMA Scheme offers financial assistance for international transportation and marketing of agricultural exports, aiming to reduce costs and enhance global competitiveness. This support includes freight subsidies for specific destinations and compensation for marketing expenditures.
The scheme is particularly beneficial for exporters of perishable agricultural products, ensuring market diversification and boosting India’s agricultural export volumes. It plays a critical role in achieving the government’s target of doubling farmers’ income through enhanced export opportunities.
How can we help
Our firm assists agricultural exporters in availing Transport and Marketing Assistance (TMA) benefits by identifying eligible products and destinations, preparing claims, and ensuring the proper documentation of transportation and marketing expenses. We facilitate the filing of applications with the relevant authorities and follow up to ensure the timely disbursement of assistance.
With extensive expertise in navigating the procedural requirements of the TMA scheme, our team ensures that clients comply with reporting and audit obligations, minimizing the risk of disallowance. Additionally, we offer strategic advisory services to help exporters optimize their shipment planning, maximizing the benefits of the TMA scheme and enhancing their export operations.
