1) The document discusses various Indian government agencies and procedures involved in imports and exports, including obtaining an Import Export Code (IEC), registering for a Bill of Import/Export, and several export promotion schemes. 2) Major export promotion schemes outlined are the Export Promotion Capital Goods Scheme, Duty Exemption/Remission Scheme (including Advance Authorization, Annual Advance Authorization, Duty Free Import Authorization, and Duty Entitlement Pass Book Scheme), and Duty Drawback Scheme. 3) Under these schemes, exporters can import capital goods and raw materials at reduced or zero customs duty for use in manufacturing exports, and can receive duty credits or refunds on export sales.

1. R E VAT H I . M
D a t e d : 0 1 - 0 8 - 2 0 2 2
Import and Export Duty Benefit schemes and
Availing procedures

2. VARIOUS AGENCIES
INVOLVED IN
EXPORTS
• SOURCE: REPORT BY FIRST
TASK FORCE ON TRANSACTION
COST IN EXPORTS
• (by Department of Commerce,
Ministry of Commerce and Industry,
Govt. of India)

3. IEC-Import Export Code
 Permanent Code issued by DGFT
 Application Form
 Fee of Rs 250
 Copy of PAN
 Copy of bankers Certificate
 Declarations
 Exempted Categories
BIN
Software generated at Customs
 Transmission of IEC
 15 digit
 PAN FT 001 and so on

4. RCMC
Issued by Councils/Boards/Authorities
 Form
 IEC
 Membership Fee
Imports/Exports
 All Imports/Exports are free except for the items shown as Prohibited/Restricted/State trading enterprises
 Prohibited goods:- Not allowed except in exceptional cases with approval of Central Government.
 Restricted goods: May be allowed under a license or through a public notice.
 STE goods:- May be imported/exported by STE(s) or with a license from DGFT.

5. BILL OF ENTRY -TAXES AND
DUTIES
• A bill of entry is a legal document that is filed by
importers or customs clearance agents on or before the
arrival of imported goods. It’s submitted to the Customs
department as a part of the customs clearance
procedure.
• The bill of entry can be issued for either home
consumption or bond clearance.
• Once the bill of entry is filed, an authorized Customs
officer will examine the goods.
• Then the importer of goods should pay the basic
customs duty, Social Welfare Tax, IGST, and GST
compensation cess to clear the goods.
Duty Free Clearance Methods:
• Capitals goods(Machineries) ,Molds ,dies ,Fixtures &
Tools under EPCG Clearance.
• Advance authorization clearance.
• Forma AI clearance(Duty Benefits).
• Repair & Return clearance.
• Exhibition parts clearance.

6.  Invoice
 Packing list
 Required Supporting documents
 Self seal RFID
 When certain goods are exported out of India, they need to be taxed under GST and approved by
the Customs department.
 The shipping bill contains information about the exported supplies, their value, and the custom
duty and IGST paid on them. This also allows the supplier to claim a refund for the IGST paid on
the supplies.
 Shipping bill for export of goods under claim for duty drawback(DBK) etc.
Shipping Bill
Examination by Customs

7. EXPORT PROMOTION SCHEMES
DG&CEO 7
Export Promotion
Capital Goods
Scheme.
Duty Exemption
Scheme.
VKGUY- VISHESH
KRISHI GRAM
UDYOG YOJANA
Focus Product, Focus
Market and Market
linked Focus Product
Scheme
EOU/SEZ Scheme
Status holder
Scheme.

8. EXPORT PROMOTION CAPITAL
GOODS SCHEME
 Import of capital goods at a concessional basic customs duty of 0% for
selected sectors and 3% allowed(for all sector) for export purposes. .
 Spare ,Jigs ,fixture ,dies and molds also allowed.
 Second hand CG without any age restriction permitted under the
Scheme.
 For 3% duty,8 times in Eight years.
 For Zero duty,6 times in six years.
 12 years for duty saved> Rs 100 Cr , and units in agro, cottage and tiny
sector.
 Export of goods capable of being manufactured by use of capital goods.
 EO could be discharged by export of goods produced in different
manufacturing unit of the company.
 Facility to meet 50% of EO by exports of additional items from the same
company/group companies permitted.
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9. DUTY EXEMPTION/REMISSION SCHEME
 Advance Authorization.
 Duty Free import of inputs allowed for exports.
 Minimum 15% value addition to be achieved.
 Exports/Imports to be completed in 24 months.
 Bond / BG / LUT to be given to the Custom Authorities.
 Advance License indicates description of export items, quantity of export item, FOB value of exports,
description of import items, quantity of import items and CIF value of imports.
 Import of inputs exempted from Basic Customs duty, Additional Customs duty and Safeguard/Anti-
dumping duty.
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10. CONTINUE….DUTY EXEMPTION/REMISSION SCHEME
 Annual Advance Authorization
 Available only to status holders and exporters with 2 years exports.
 Entitlement equivalent to 300% of the FOB value or Rs 1 crore ,whichever more in preceding year.
 Authorisation valid for 24 months imp/ exports.
 Licence only mentions the export product group, CIF value and FOB value.
 Licence holder can export any product falling under the product group including items for which norms do not exist.
 Only one licence for one product group or port of registration.
 Duty Free Import Authorization .
 Duty Entitlement Pass Book Scheme.
 Duty Drawback Scheme
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11. CONTINUE….DUTY EXEMPTION/REMISSION SCHEME
Duty Free Import Authorization .
 New Scheme effective from 1st May,2006
 Exporter allowed to import inputs free of Basic Customs and or Additional /SAD duty.
 DFIA indicates names and quantity of the raw-material to be allowed duty free.
 Minimum value addition of 20% required
• DFIA and/or material imported under it transferable after completing EO.
• Scheme covers only products for which Standard Input Output Norms exist.
• Additional Customs duty is refunded through CENVAT or drawback in case of transferabilty.
• CENVAT permitted under the scheme.
DG&CEO 11

12. CONTINUE….DUTY EXEMPTION/REMISSION SCHEME
Duty Entitlement Pass Book Scheme.
 Substitution Drawback Scheme under ASCM(Agreement on Subsidies and Countervailing Measures)
 Aims to neutralize incidence of customs duty on import content of export product,
 Exporter entitled for credit at a pre-specified rate of FOB value of exports.
 Rates dependent on SION, value addition and Basic Customs duty.
 Credit can be utilised for import of items otherwise freely importable except capital goods.
 For edible oil debit could be only upto 50% from DEPB.
 Basic Customs duty, Additional Customs duty debitble from DEPB .
 Validity 24 months and upto the last day of the month
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13. 13
CONTINUE….DUTY EXEMPTION/REMISSION SCHEME
Duty Drawback Scheme
 All-Industry : for a product by all companies /firms
 Brand Rate :Exclusive to a company/firm for a product
 Drawback Schedule covers now about 1400 products.