FOCUS PRODUCT SCHEME (FPS)

Objective: To incentivise export of select products that have high export intensity / employment potential, thereby to offset infrastructure inefficiencies and other associated costs involved in marketing of these products.

 

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

 

Incentive: Transferable / sellable duty credit @ 2% of FOB value of exports in foreign exchange from 27.08.2009 (1.25% for prior periods)

 

Certain Special Focus Products / sectors such as Handicraft products are granted duty credit @ 5%.

Click here for Market Linked Focus Product Scheme (MLFPS) -- Specific Products to Linked Markets

 

Categories in FPS:

  1. Engineering products

  2. Plastic products

  3. Handloom products

  4. Stationery and Fireworks products

  5. Value added leather products including leather footwear

  6. Value added coir products

  7. Silk products

  8. Vegetable textiles

  9. Electronic Products

  10. Glass and Glassware

  11. Jute and Sisal products

  12. Technical Textiles products

  13. Green Technology products

  14. Others

Categories in Special Focus Products:

  1. Toys and Sports Goods

  2. Handicraft products

Focus Products (revised on 27 th August 2009)

 

*Additional products for exports made on and after 1st January 2010 (revised on 12 th January 2010)

 

*More products for exports made on and after 1st April  2010 (revised on 24 th August 2010)

 

*BONUS PRODUCTS FOR ADDITIONAL 2% for exports made on and after 1st April  2010 (revised on 24 th August 2010)

 

New products for exports made on and after 1st April  2011 (revised on 15 th October 2011)

 

New products for exports made on and after 5th June 2012

 

New products for exports made on and after 1st January 2013

 

New products for exports made on and after 1st May 2013

 

 

*All above subject to EXIM policy in force