Focus Market Scheme
The exporters who export to notified FMS countries get Duty Credit Scrip equivalent to 3 % of FOB value of exports (in free foreign exchange) for exports. This scheme is only for Goods exports and not for Services. It also does not cover exports to SEZ, export of Precious, semiprecious stones, precious metals, jewellery, Ores, Minerals, Cereals and Sugar, Petroleum Products and Milk and Milk Products.
The following countries are known to be the focus market under this scheme: (Last Updated May 2013)
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