List
of products covered under VKGUY
for exports made on and after 1st May 2013VISHESH KRISHI GRAM UDYOG YOJANA (VKGUY)
Objective: Duty Credit is granted with an aim to compensate high transport costs and to promote exports of;
Agricultural Produce and their value added products
Minor Forest Produce and their value added variants
Gram Udyog Products
Forest Based Products; and
Other Products
Entitlement: Transferable / sellable duty credit @ 5% of FOB value of exports in foreign exchange from 27.08.2009 (3.5% for earlier periods). However for exports made on / after 27.8.2009, some Flowers, Fruits, Vegetables and other products, are also entitled to an additional duty credit @ 2 % of FOB value of exports.
Additional Benefit: For exports made during a particular year, all Status Incentive Scrip Holders (having status recognition for the current year) exporting products covered under ITC HS Chapters 1 to 24 , can claim for duty credit @ 10% (incl. VKGUY) of FOB value of agricultural exports.
*List of products covered under VKGUY for exports made on and after 27th August 2009
List
of products covered under VKGUY
for exports made on and after 1st May 2013
*All above subject to EXIM policy in force