Eximkey - India Export Import Policy 2004 2013 Exim Policy

7(A).03

Other Conditions

(a) The assistance shall be paid only to the exporter exporting the cargo and in whose name payment is realized in free foreign exchange through normal banking channels. The assistance will not be provided to the products notified as ineligible in Annexure (1) of DoC’s Notification no. 17/3/2018-EP (Agri.IV) dated 27.2.2019, as amended from time to time. Similarly, the assistance is also not available for certain categories of exports notified as ineligible in para 7 of above said DoC’s Notification.

(b) The assistance would be given for export of eligible agriculture products to the destinations/countries as mentioned in Annexure (2) of DoC’s above said Notification.

(c) The assistance is limited to the rates as notified in Annexure (3) of DoC’s above said Notification.

(d) FOB supplies where no freight is paid by Indian exporters are not covered under this scheme.

(e) The scheme is admissible for the exports made through EDI ports only.

(f) Claim should be made only for Full Container Loads (FCLs) in case of shipment by sea and in the multiple of metric ton (ignoring any fraction thereof) in case of shipment by air. A forty feet container will be treated as two TEUs. Less than Container Load (LCL) shipments/ twenty-foot equivalent unit (TEU) containing eligible and ineligible cargo should not be included in the application.

(g) In case, the consignment in respect of which claim is taken is subsequently returned by the customer, the applicant would be liable to refund the assistance granted with interest at the rate of 15% per annum.

(h) No application can be made after completion of one year of the quarter in which exports have been made. Hence, provisions of late cut as defined in para 9.02 of HBP and provisions of supplementary claims as given in para 9.03 of HBP are not applicable on this scheme.

(Above para has been added vide PUBLIC NOTICE NO. 82/2018, DT. 29/03/2019 )

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