Free shipping bill
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 December 2011
Sir,
what is the difference between free shipping bill and normal shipping bill. if we have avail benefit of FMS and DBK then it is free shipping bill or not.
what is the difference between free shipping bill and normal shipping bill. if we have avail benefit of FMS and DBK then it is free shipping bill or not.
29 December 2011
A Free Shipping Bill is filed for shipments where the Shipper does not claim any export benefits. For filing of a Free Shipping Bill, only the following documents are required: SDF FORM
Through our Focus Market Scheme (FMS) we help our clients to offset high freight cost and other externalities to select international markets with a view to enhance India’s export competitiveness in these countries. This scheme can be availed by exporters of all products to notified countries (as in Appendix 7C of HBPv ) shall be entitled for Duty Credit Scrip equivalent to % of FOB value of exports (in free foreign exchange) for exports made from 27.08.2009 onwards.
Ineligible Exports Categories / Sectors for FMS
Under FMS scheme, the following categories of export products / sectors shall be ineligible for Duty Credit Scrip:
* * Supplies made to SEZ units
* * Service exports
* * Diamonds and other precious, semi precious stones
* * Gold, silver, platinum and other precious metals in any form, including plain and studded jewelery
* * Ores and Concentrates, of all types and in all forms
* * Cereals, of all types
* * Sugar, of all types and in all forms
* * Crude / Petroleum Oil & Crude / Petroleum based
if your item occurs in DGFT notified appendix 37 d you can avail benefit.
please Noted that also if your items occurs in dbk schedule check it you can eligibile for DBK :
Through our Focus Market Scheme (FMS) we help our clients to offset high freight cost and other externalities to select international markets with a view to enhance India’s export competitiveness in these countries. This scheme can be availed by exporters of all products to notified countries (as in Appendix 7C of HBPv ) shall be entitled for Duty Credit Scrip equivalent to % of FOB value of exports (in free foreign exchange) for exports made from 27.08.2009 onwards.
Ineligible Exports Categories / Sectors for FMS
Under FMS scheme, the following categories of export products / sectors shall be ineligible for Duty Credit Scrip:
* * Supplies made to SEZ units
* * Service exports
* * Diamonds and other precious, semi precious stones
* * Gold, silver, platinum and other precious metals in any form, including plain and studded jewelery
* * Ores and Concentrates, of all types and in all forms
* * Cereals, of all types
* * Sugar, of all types and in all forms
* * Crude / Petroleum Oil & Crude / Petroleum based
if your item occurs in DGFT notified appendix 37 d you can avail benefit.
please Noted that also if your items occurs in dbk schedule check it you can eligibile for DBK :
29 December 2011
link is:
http://www.cbec.gov.in/customs/dbk-schdule/dbk2011-12/dbk-sch-2011-12.pdf
http://www.cbec.gov.in/customs/dbk-schdule/dbk2011-12/dbk-sch-2011-12.pdf
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