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The Target Plus and the Duty-Free Credit Entitlement Certificate Schemes have been operationalised, with the respective notifications having been issued tonight
The Exim Policy 2002-07, as amended up to 31/3/2003, provided for a scheme to accelerate growth in exports by rewarding status holders through duty-free credit entitlement. Due to various reasons, the scheme could not be operationalised. The respective notification and the application form (Appendix 17D) have now been announced on the 7th of April, 2005 whereby exporters entitled to the benefits can start vailing the same.
Similarly, the Target Plus Scheme announced in the Foreign Trade Policy 2004-09 on the 1st September, 2004 with the objective of accelerating growth in exports by rewarding Star Export Houses who have achieved a quantum growth in exports, has also been operationalised through notification of the required application form (Appendix 17D).
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