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Procedure

3.20.1

Document type
Procedure
Dated

FOCUS MARKET SCHEME

3.20.1

A single consolidated application for all exports through EDI enabled ports shall be filed by the Head Office in case of Proprietorship and Partnership firms and Registered Office/ Corporate Office in case of Private Limited and Public Limited Companies to the concerned Regional Authority in the Aayaat Niryaat Form along with the documents prescribed therein for grant of duty credit under Focus Market Scheme. The application shall be filed on a six monthly basis, i.e. April– September and October-March where realization has been made during the period of application. Exports made on or after 01.04.2006 shall be eligible for the benefits. In case of Advance Payment, date of exports shall be taken into account for inclusion in the period of application.

The application for claiming duty credit under the scheme shall be submitted within a period of six months from the last date of the period of the application (i.e. for the period of application April’06 to September’06, the last date of application shall be 31st March 2008 [OLD- 31st March 2007 ]).

(Last date for filing application has been extended to 31/03/2008 vide PN. NO. 91/2006, DT. 29/03/2007)

(Above Paragraph 3.20.1 has been amended vide PN. NO.76/2006, DT. 18/12/2006)

[OLD-
The application for grant of credit under Focus Market Scheme shall be made to the regional authority concerned in the Aayaat Niryaat Form along with the documents prescribed therein. The application shall be filed on a six monthly basis i.e. April-September and October-March. However, each application within the same six monthly period shall include shipping bills from the same customs port only and separate applications shall be made for exports made from different custom ports.

The application for claiming duty credit under the scheme shall be submitted within a period of six months from the end of the period of the application or within a period of six months of the date of realization of the last export covered by the said application, which ever is later.]

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