1. Woolen carpets that are handmade and coverings for floors
2. Handicraft products
3. Various dairy items, edible products of animal descent and honey
4. Fruits and nuts that are edible and fruit peels
6. Sugar products and confectionaries
7. Organic chemicals
10. Tea, coffee and all spices
12. Essential oils
14. Silk and all its derivatives
15. Cotton, jute
16. Musical instruments
The Merchandise Exports from India Scheme (MEIS) programme seeks to compensate exporters in order to counteract inefficient infrastructure and related costs of exporting goods from India.
The Rebate of State & Central Taxes and Levies (RoSCTL) scheme acts as a rebate for embedded state and central taxes on garments. It is an export incentive where credit scrips are used for payment of customs duties.
The scheme of Service Export from India was established to promote the export of India’s officially recognised services. In accordance with this programme, exporters of certain services are given incentives ranging from 3% to 7% of net foreign exchange revenues.
The RoDTEP scheme was introduced by the government to offer incentives and tax benefits to Indian exporters. With the help of this programme, exporters can get back the tariffs and taxes they paid at the federal, state, and municipal levels.
Scheme of Advance Authorization
Raw materials can be imported by manufacturers tax-free to create export-quality goods under the Advance Authorization programme, a tariff exemption policy. For each individual product, DGFT has a cap on the maximum number of inputs that are permitted.
Authorization for duty-free import
This plan permits the duty-free importation of raw materials, fuel, energy sources, and oil needed to make export goods. DFIAs are only given out for specific products for which Standard Input Output Norms (SION) have been established.
Schemes of Deemed Exports
Merchandise made in India and shipped locally is regarded as export. The Deemed Exports scheme offers a number of discounts, including inputs free of duty and exemptions from taxes or levies paid in India, in an effort to support domestic industry in India
Under the Export Credit Guarantee Corporation of India’s (ECGC) Niryat Rin Vikas Yojana (NIRVIK) programme, insurance coverage is provided up to 90% of the total principal and interest. By making loans available to them and lowering their insurance premiums, this programme seeks to aid small exporters.
Exporters are eligible to request a refund of the GST paid on inputs because exports are classified as zero-rated supplies under the GST.
The Export Oriented Units programme seeks to boost India’s exports and foreign exchange. Under this plan, exporters can even buy raw materials and capital products from domestic suppliers or through imports without having to pay a duty.
For transactions involving the DGFT website, such as IEC and other benefits, every Export-Import (EXIM) organization and company needs a digital signature certificate. The DSCs that have been registered on the DGFT website are recognized, making any documents that have been electronically signed equivalent to those that have been physically signed.