by Ajay Srivastava (Jt. DGFT)
Price: INR 1295.00
Pages: 1360 (size 12.5″x9.5″)
 
 
HOW MUCH EXPORT INCENTIVE IS
AVAILABLE ON YOUR PRODUCT?
If you are an exporter, chances are that you may be using or planning to take incentive under the 2 Major export schemes:

• Drawback Scheme and
• Merchandise Exports from India Scheme (MEIS)

At the time of exports and imports, an exporters is required to mention the correct ITC (HS) code. If he mentions the wrong ITC (HS) code, he may not get the entitlement under the MEIS or the Drawback scheme.
This presents problem as the drawback scheme codes and description of products are different in most cases than the standard eight digit ITC (HS) codes.
The book maps Draw Back codes with the relevant ITC (HS) Codes and shows both Drawback and MEIS rates for a product in one line.
EXPORT INCENTIVE READY RECKONER
This book helps an exporter in four ways:

1. Know correct ITC-HS code for a product
2. Know if Drawback and MEIS schemes are available for your product
3. Mention correct ITC (HS) code while exporting
4. Claim correct incentive

Author
Ajay Srivastava works as Joint DGFT at Directorate General of Foreign Trade, Ministry of Commerce and Industry, Udyog Bhawan, New Delhi. He is the author of ‘Export-Import Answer book’, ‘Achieving Superlative Export Performance’ and ‘A guide to Exporting from India’.