FOCUS MARKET SCHEME (FMS)

Objective: To offset high freight cost and other externalities to select international markets with a view to enhance India's export competitiveness in select countries

 

Eligibility: Exporters of all products to select countries (see below)

 

Incentive: Transferable / sellable duty credit @ 3% of FOB value of exports in foreign exchange from 27.08.2009 (2.5% for prior periods)

Entitlement: Exporters of products to following countries within Europe, Latin America block, African block, or Commonwealth Independent States (CIS) block are entitled for duty credit scrip equivalent to 3% of total FOB value of exports made from 27th August 2009 based on new Foreign Trade Policy effective from 27th August 2009.

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*NEW* Country (For exports from 1st May 2013)

1

NORWAY

             

 

Countries (For exports from 1st January 2013)

1

CAYMAN ISLANDS

2

NEW ZEALAND

 

3

LATVIA

4

LITHUANIA

5

BULGARIA

 

 

                   

 

Countries (For exports from 5th June 2012)

1

ALGERIA

2

ARUBA

 

3

AUSTRIA

4

CAMBODIA

5

MYANMAR

6

UKRAINE

 

7

NETHERLAND ANTILLES

 

 

 

Countries for exports from 27th August 2009)

Countries in African Block

 

Countries in Latin America Block

1

ANGOLA

27

LIBYA

 

1

BAHAMAS

9

ANTIGUA

2

BENIN

28

MADAGASCAR

 

2

BARBADOS

10

BELIZE

3

BOTSWANA

29

MALAWI

 

3

COSTA RICA

11

DOMINICA

4

BURKINA FASO

30

MALI

 

4

HAITI

12

GRENADA

5

BURUNDI

31

MAURITANIA

 

5

NICARAGUA

13

GUYANA

6

CAMEROON

32

MAURITIUS

 

6

PANAMA

14

ST. LUCIA

7

CANARY ISLANDS

33

MOROCCO

 

7

PUERTO RICO

15

ST. VINCENT

8

CAPE VERDE ISLANDS

34

MOZAMBIQUE

 

8

ST. KITTS AND NEVIS

16

SURINAME

9

CENTRAL AFRICAN REP

35

NAMIBIA

         

10

CHAD

36

NIGER

 

Countries in Asia-Oceania Block

11

COMOROS

37

REUNION

 

1

FIJI ISLANDS

6

LAOS (LAO PD REP)

12

CONGO D. REPUBLIC

38

RWANDA

 

2

KIRIBATI REP

7

SAMOA

13

CONGO P REP

39

SAHARWI A.DM RP

 

3

NAURU REP

8

TONGA

14

COTE D' IVOIRE

40

SAO TOME

 

4

PAPUA NEW GUINEA

9

TUVALU

15

DJIBOUTI

41

SENEGAL

 

5

SOLOMON ISLANDS

10

VANUATU REP

16

EQUATORIAL GUINEA

42

SEYCHELLES

 

11

CUBA*

12

MEXICO*

17

ERITREA

43

SIERRA LEONE

         

18

ETHIOPIA

44

SOMALIA

 

Countries in Latin America

19

FRENCH SOUTH & ANTARTIC TERR

45

ST HELENA

 

1

ARGENTINA

9

GUATEMALA

20

GABON

46

SUDAN

 

2

BOLIVIA

10

HONDURAS

21

GAMBIA

47

SWAZILAND

 

3

CHILE

11

JAMAICA

22

GHANA

48

TOGO

 

4

COLOMBIA

12

PARAGUAY

23

GUINEA

49

TUNISIA

 

5

DOMINICAN REPUBLIC

13

PERU

24

GUINEA BISSAU

50

UGANDA

 

6

ECUADOR

14

URUGUAY

25

LESOTHO

51

ZAMBIA

 

7

EL SALVADOR

15

VENEZUELA

26

LIBERIA

52

ZIMBABWE

 

8

TRINIDAD AND TOBAGO

 

 

                 

Countries in Eastern Europe Block

         

1

ALBANIA

4

CROATIA

 

Countries in CIS-CAR

2

BOSNIA-HERZGOVINA

5

MACEDONIA

 

1

ARMENIA

6

KYRGYZ

3

SERBIA AND MONTENGERO

 

 

 

2

AZERBAIJAN

7

MOLDOVA

         

3

BELARUS

8

TAJIKISTAN

Countries in Asian Block

 

4

GEORGIA

9

TURKMENISTAN

1

MONGOLIA

2

TIMOR LESTE

 

5

KAZAKHSTAN

10

UZBEKISTAN

                   

 

*CUBA AND MEXICO FROM 01.04.2011

 

*All above subject to EXIM policy in force