Drawback assistance is provided to exporters as a reimbursement of the incidence of central levies - excise, customs duty and service tax on the raw materials used for the production of the products that are exported.
Rebate of State and Central Taxes & Levies (RoSCTL):Government has extended the benefit of the Scheme for Rebate of State and Central Taxes & Levies (RoSCTL) to export garments & made-ups with effect from 1st January 2021 to 31st March 2026.
RoDTEP scheme has been introduced to replace MEIS. Ministry of Commerce and Industry has issued the scheme Guidelines and Appendix 4R (eligible RODTEP export items, rates, and per unit value caps) for Remission of Duties and Taxes on Exported Products (RoDTEP) upto 31st March 2026 for Domestic Tariff Area exporters.
Interest Subvention scheme
Interest Subvention scheme support on pre- and post-shipment export credit availed by MSME exporters at the rate of 2.75% on the interest cost is provided, subject to a maximum limit of ₹50 lakh per exporter.
Marketing support under MAI / NHDP scheme @ subsidized rate |
•Participation in international fairs - Subsidized fair participation and travel grant under various schemes of Ministry of Textiles & Ministry of Commerce and Industry • Participation in Reverse Buyer Seller Meet in India• Participation in Trade delegations Exclusive International events for India Handloom Brand (IHB) holders •Linking between Manufacturers and Exporters |
Capacity Building of First-Time MSME Exporters (CBFTE)
Council has signed an MoU with Ms. Mercy Epao, Joint Secretary MSME on 20th September, 2022. As per the MoU, the RCMC charges/ Fees paid by the first-time Micro Small Enterprise (MSE) exporters registered with HEPC on or after 20.09.2022 will now be eligible for reimbursement from the Ministry of MSME through HEPC subject to fulfilment of conditions/eligibility.
| Sl. No. | Eligible activities | Funding support under IC Scheme |
1 |
Registration-cum-Membership Certificate (RCMC) charges I fee paid by the first-time MSE exporter to the related Export Promotion Councils (EPCs). |
75% of the cost paid subject to a maximum of Rs.20,000/- or actual, whichever is lower, subject to quarterly reporting by EPCs as per prescribed format. |
Eligibility Condition :
(b)To claim the benefits under the scheme, the applicant's Importer Exporter Code (IEC) must not be older than 3 years on the date of export shipment.
(c) MSE shall be eligible for a refund of 75% of the cost paid subject to a maximum of Rs.20000/-(Rupee Twenty Thousand only).
Documents required :
(a) IEC code not more than 3 years old on the date of export shipment.
(b) RCMC fee receipt
(c) Proof of export carried out in the same financial year on which RCMC is claimed.