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)

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Focus Market Countries

*All above subject to EXIM policy in force