From: Excise Jain capjain68@gmail.com
· DEPB to end on 30.06.2011
· Zero duty EPCG extended till 31.03.2012
· Zero duty EPCG scheme extended to many more areas
· SHIS scheme extended upto 31.03.2012
· New products also added SHIS as done for zero duty EPCG scheme
· New annual EPCG scheme for exporters
· Bonus incentive scheme to handicrafts, handloom, silk carpets, leather products, toys and bicycle parts
· More products added for incentive scheme
· Market linked focus market scheme to garments extended till 31.03.2011
· Additional flexibility for transfer of scrip is being allowed under Agri-infrastructure scheme for units in Food parks
· Advance authorization for annual requirement will be exempted from anti dumping and safeguard duties
· 4% SAD refund extended to manufacturers who trades the imported goods
· Advance authorization for physical exports and deemed exports will be brought under a single customs notification in order to facilitate clubbing and closure of authorizations.
· Requirement of chartered engineer certificate for advance authorization under ad hoc norms is being dispensed with
· Additional benefit of 2% bonus under FPS allowed for specified products
· 256 new products added under FPS for entitlement of 2% benefits
· VKGUY benefits now available for Instant Tea and CSNL Cardinal
· Additional Towns of Export Excellence (TEEs) announced viz. Barmer (Rajasthan) for Handicrafts; Bhiwandi (Maharashtra) for Textiles; and Agra (Uttar Pradesh) for Leather Products
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