Advantage of becoming member
As per the Foreign Trade Policy, an exporter is required to get a Registration-cum-Membership Certificate (RCMC) from HEPC for availing various benefits under the Policy.
The following are the advantages for enrolling with HEPC: -
(a) Market Access Initiative Scheme (MAI): Under MAI scheme, financial assistance is provided for Members on focus country, focus product basis with no restriction on number of participation and no limitation in terms of Annual Turnover.
(b) National Handloom Development Programme:
Under the scheme, financial assistance is provided to Members for participation in international exhibitions . The assistance include subsidised participation charges and reimbursement of travel grant up to a maximum of Rs.50000/-
2) Duty free import entitlement of specified trimmings and embellishments:
Under this scheme, a manufacturer of textile garments or a merchant exporter tied-up with supporting manufacturer of textile garments registered with HEPC can avail benefit of Duty free import of specified trimmings, embellishments etc @ 5% of FOB value of Handloom garments exported and realized during the preceding financial year to fulfillment of condition No.24 specified in the Customs Notification no. No.12/2012 dated March 17, 2012.
A manufacturer of handloom made ups registered with the Handloom Export Promotion Council can avail benefit of Duty free import of specified trimmings, embellishments etc @ 5% of FOB value of handloom madeups, exported and realized during the preceding financial year subject to fulfillment of condition No.28 specified in the Customs Notification no. No.12/2012 dated March 17, 2012.
3) Supply of yarn at mill gate price:
The objective of this component is to make available all types of yarn at Mill Gate Price and provide 10% Price Subsidy on cotton hank yarn, domestic silk and wool so as to facilitate regular supply of basic raw materials to the handloom sector and help utilize the full employment potential of the sector.
The benefit is available to eligible handloom weavers, Handloom producers/manufacturers exporting directly and registered with HEPC.
4) Merchandise Exports from India Scheme (MEIS):
This new scheme merging 5 different schemes (Focus Product Scheme, Market Linked Focus Product Scheme, Focus Market Scheme, Agri. Infrastructure Incentive Scrip, VKGUY) has been notified. Exports of notified goods/products with ITC[HS] code, to notified markets as listed in Appendix 3B, shall be rewarded under MEIS. Duty Credit Scrips shall be granted as rewards under MEIS and SEIS. Duty Credit Scrips and goods imported / domestically procured against them shall be freely transferable.
Exports of Handloom products bearing notified ITC HS codes are eligible for 7% of duty credit scrip to traditional markets (30 nos.), emerging & focus markets (139 nos.) and other markets (30 nos.). Exports of Handloom products through courier or foreign post office using e-commerce platform are eligible for benefit under MEIS.