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m
Ô 3nder the
Ô
Ô
DEPB scheme, an exporter may apply for credit as a specified
percentage of FOB value of exports, made in freely convertible
currency. The credit shall be available against such products
and at such rates as may be specified by DGFT by way of
public notice issued in this behalf for import of raw material ,
intermediates, components, parts packaging materials.
m
EPCG
EPCG
scheme was introduced in order to enable manufacturer
exporter to import machinery and other capital goods for export
production at concessional or no custom duties at all. Facility is
subject to export obligation i.e. the exporter is required to
guarantees exports of certain minimum value.
m The scheme covers the following :
m EPCG allows of capital goods for production at 5 % custom
duty subject to an export obligation equivalent t o 8 times of
duty saved on capital goods imported under EPCG scheme to
be fulfilled over a period of 8 years reckoned from date of issue
of licence.
m Ô
O
O! Any
exporter can apply to become member of EPC, and shall be
considered and disposed of within one month in accordance
with rules and regulations of EPC. On being admitted to
membership, application is granted a RCÀC.
An exporter should obtain RCÀC shall declare main line of
business in the application which shall be made to export
promotion council. If the export product is not covered by
any EPC, then the exporter may obtain the RCÀC from FIEO
for eg jervices. In case of exporter for services it can register
with FIEO or with Electronic and software export promotion
council.
There is prescribed form ayaat and niryaat form, along with
certified copy of IEC no, certificate in support of banks
financial soundness. The licence granted shall be valid for 5
years. In order to claim export, import benefits RCÀC is
must. RCÀC gets cancelled if there is any violation of terms
and conditions.
m
are boards, which have been specially
established by the Government of India for the promotion of
some of the traditional commodities of exports having high
export potentials. These boards are supplementary to the
Export Promotion Councils (EPCs).
The functions of Commodity Boards are similar to that of EPCs.
m Difference Between EPCs and CBs
m Commodity Boards look after the export promotion of primary
and traditional items of exports while Export Promotion
Councils look after the export promotion of non-
non-traditional
items like engineering goods, computers, chemicals, etc. with
promising export potential.
m
A large part of the IIFT's research work -
A
published in the form of study reports, monographs, status
papers, etc. for wider dissemination among the business
community, government departments and academic fields.
m The institute publishes:
m Foreign Trade Review (FTR), a quarterly journal.
m Focus WTO, a bimonthly magazine.
m Technology Exports, a quarterly newsletter.
m
IIFT has so far brought out
O
IIFT
over 570 research studies and surveys. It also acts as a
consulting house for solving the problems of the exporters
and importers. IT analyses the international business
environment and develop appropriate corporate strategies for
the overseas markets.
m !
Ô$
Combining a
!
Ô$
Combining
unique blend of research and consultancy, IIFT has been a
pacesetter addressing to the needs of business executives by
continuo aligning the focus of its Àanagement Development
Program with the changing realities. As a result, its intensive
short duration programmes have received the most
enthusiastic response.
m
66 was set up as a
6
6
66 was
national institute jointly by ministry of commerce,
government of India, Indian packaging industry in 1956, with
its head office in Àumbai and Regional offices at Kolkota and
Chennai.
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It
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It organises a number of training
programmes pertaining to packaging and also provides
suggestions in regard to packaging.
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It also undertakes testing of packing
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materials and packages to ensure export quality.
m
All dangerous goods packages need a 3N
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All
certification mark before they can be dispatched. IIP is the only
authorised body in India to give this certification.
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The institute has an environment cell,
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The
which guides exporters as to what type of material can be used
or incorporated in the packaging of their products so as to
reduce environmental threats.
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It undertakes research and
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It
development programmes for creating and improving overall
infrastructural facilities for achieving packaging improvement so
as to prevent losses during transportation.
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It collects
Ô
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It
information on various packing and packaging strategies and
disseminate them to the exporter for their benefits. An up-
up-to
to--
date information on packaging developments can be availed on
its website, "http://www. iip-
iip-in.com".
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The institute is closely linked
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The
with international organisations. It is recognised by the
3nited Nations Industrial Development Organisation (3NIDO)
and International Trading Centre (ITC) for consultancy and
training.
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!It
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! It is a member of the Asian
Packaging Federation (APF); the Institute of Packaging
Professionals (IOPPA), 3jA; the Institute of Packaging (IOP)
3K;, Technical Association for Pulp and Paper Industry
(TAPPI) and the World Packaging Organisation (WPO).
m J@
m m It also carries out graphic designing for international
products. m It advises the government of India for all export
related packages.
m It is not binding or compulsory for an organisation or
company to be a member of IIP. However, on being a
member one can avail the benefits of services provided by
IIP, specially testing facilities for packages to ensure high
m Indian Council of Arbitration (ICA):