FOCUS MARKET SCHEME (FMS)

Objective Objective is to offset high freight cost and other externalities to select international markets with a view to enhance our export competitiveness in these countries. Entitlement Exporters of all products to notified countries shall be entitled for Duty Credit scrip equivalent to 2.5% of FOB value of exports for each licensing year commencing from 1st April, 2006.However New additional Markets notified in Appendix 37C of HBP v1 shall be entitled for Duty Credit scrip on exports w.e.f 1.4.2008.Exports made by EOUs / EHTPs / BTPs who do not avail direct tax benefits / exemption shall be eligible. Following exports shall not be taken into account for computation of entitlement: a. (i) Export of imported goods covered under Para 2.35 of FTP; (ii) Exports through transshipment, meaning thereby that exports originating in third country but transshipped through India; b. Export turnover of SEZ units or supplies made to such units or SEZ products exported through DTA units; c. Deemed Exports; d. Service Exports; e. Diamonds and other precious, semi precious stones; f. Gold, silver, platinum and other precious metals in any form, including plain and studded Jewellery; g. Ores and Concentrates, of all types and in all forms; h. Cereals, of all types; i. Sugar, of all types and in all forms; j. Crude / Petroleum Oil & Crude / Petroleum based Products covered under ITC HS codes 2709 to 2715, of all types and in all forms; k. Items, which are restricted or prohibited for export under Schedule-2 of Export Policy in ITC (HS); l. Cement, all types and in all forms Entitlement Exporters of all products through EDI enabled ports to notified countries (as in Appendix 37C of HBP v1) shall be entitled for Duty Credit scrip equivalent to 2.5% of FOB value of exports for each licensing year commencing from 1st April, 2006. However additional Markets notified in Appendix 37C of HBP v1 shall be entitled for Duty Credit scrip on exports w.e.f 1.4.2007.

APPENDIX 37C OF HANDBOOK OF PROCEDURES VOL. I Focus Market Code

Sr.No

Country Code

Country

Countries in Latin American Block 1 2 3 4 5 6 7 8 L 001 L 002 L 003 L 004 L 005 L 006 L 007 L 008 015 039 073 109 317 319 427 433 ARGENTINA BOLIVIA CHILE ECUADOR PARAGUAY PERU URUGUAY VENEZUELA

Countries in African Block 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 A 001 A 002 A 003 A 004 A 005 A 006 A 007 A 008 A 009 A 010 A 011 A 012 A 013 A 014 A 015 A 016 A 017 A 018 A 019 A 020 011 035 041 050 053 057 061 063 067 069 085 087 115 116 117 135 141 143 167 169 ANGOLA BENIN BOTSWANA BURKINA FASO BURUNDI CAMEROON CANARY IS CAPE VERDE IS CAFRI REP CHAD COMOROS CONGO P REP ETHIOPIA ERITREA EQUTL GUINEA FR S ANT TR GABON GAMBIA GUINEA GUINEA BISSAU

29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57

A 021 A 022 A 023 A 024 A 025 A 026 A 027 A 028 A 029 A 030 A 031 A 032 A 033 A 034 A 035 A 036 A 037 A 038 A 039 A 040 A 041 A 042 A 043 A 044 A 045 A 046 A 047 A 048 A 049

199 227 229 231 241 243 249 255 257 265 267 269 289 339 345 347 349 353 355 357 363 371 385 399 407 417 459 461 463

COTE D'IVOIRE LESOTHO LIBERLIA LIBYA MADAGASSCAR MA;AWO MALI MAURITANIA MAURITIUS MOROCCO MOZAMBIQUE NAMIBIA NIGER REUNION RAWANDA SAHARWI A.DM RP SAO TOME SENEGAL SEYCHELLES SIERRA LEONE SOMALIA ST HELENA SWAZILAND TOGO TUNISIA UGANDA CONGO D.REP ZAMBIA ZIMBABWE

Note: The export performance of notified markets under Para 3.9.2.1 of Policy shall be regularly reviewed and the list of countries in Appendix 37 C may be modified from time to time, in terms of Para 3.9.5 of the Policy.