Will 8850 Form Incentives 2016-2023

Instructions and Help about Will 8850 Form Incentives

Export from India schemes under Chapter three for the foreign trade policy there are schemes which provide benefits to exporters of certain goods or services the objective of the scheme is to reward the exporter to offset the infrastructural inefficiencies and other costs that the exporters face while exporting from India the reward is equivalent to a percentage of the total export value this is given to provide the Indian exporter a level playing field in the international market the rewards are given under two schemes merchandize exports from India scheme M II is service exports from India scheme S II is are you eligible for such benefits not all exports are eligible for Mei s benefits whether an export item is eligible and what is the percentage of reward is based on the type of item and the country of export this can be checked on the d GFT website under important links or under appendix three B of the FTP ami is benefits are also given for export of goods through Korea or foreign post offices and their e-commerce besides the export through standard land sea and airports similarly for SE is only the list of notified services is eligible for benefits the notification is available on the DG FD website what are the benefits under ami is the reward given is a percentage of the total value of the export measured in fo B terms this would range between two to five percent usually if Oh B stands for free on board by F OB we mean the price of goods at the time of loading at the domestic port and do not include loading shipment and insurance costs the rewards are given not in cash but in terms of freely transferable duty credit scripts these scripts...