To cope with the high shipping costs, and to boost the export of agricultural products, Department of Commerce under the Ministry of Commerce & Industry has announced the revised TMA for specified agriculture products scheme for exports made between April 1, 2021 upto March 31, 2022. Major changes in the revised scheme are:
However, the earlier scheme will remain in operation for exports made till 31.03.2021.
DGFT will soon announce the scheme applicability along with guidelines.
The detailed notification is attached herewith.
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