Smenetwork Bangalore, Karnataka

We Provide Complete Export Import Financing Options, Export Incentives Planning and Documentation, Eligibility and Claims Uploading. Advance License, Epcg License Etc, Iec Codes, Rcmc and Laision with the Department.

We provide export advisory services. new duty draw back scheme: the scheme is for exporters where in the all industry rate draw back is ranging from 1% to 8%, of the fob value. The scheme applicable for both units availing cenvat and not under cenvat. new duty credit scrip scheme: based on the specific itc hs codes, additional export incentives (in addition to duty draw back benefit) is applicable in the form of fps. For specific export markets, fms is applicable and the combination of product and market – mlps is applicable. The % ranges from 2% to 7% on the fob value. epcg scheme: exporters can import or buy domestic machinery under the 0% and 3% epcg schemes to save the customs / cvd portion. Post epcg scheme is also applicable as an option for exporters. shis scheme: exporters can acquire eh status based on the 3 years exports sales and obtain status holders incentive scrips 1% of the fob value which can be utilised for import of capital goods or may be transferred to another status holder. dfia / deec scheme: raw material importers can opt for this scheme for exemption from customs duty and cvd against the obligation of export. The license can be obtained for annual requirement or for specific consignment and also based on the quantity or value basis.

We provide export finance services. Pcfc & factoring for exporters:- exporters can avail packing credit in foreign currency – libor linked to save in interest. This may be both pre and post shipment credit. Collateral free factoring limits can be fixed for discounting of export bills with external factoring companies. The rate of interest is around 5.50% project finance:- new projects and expansions projects for exporters under various goi schemes thru nationalised banks, sidbi, exim bank (for exports) private commercial banks. Foreign currency loans for exporters – fctl / fcnr(b) loans, long term ecbs working capital finance:- structuring of fund based – cc, bill discounting, export packing credits. Non fund based – lc, bg, dpg limits. Computation of cma, proposals for the bank for enhancement and yearly renewal. short term ecb :- import of capital equipment under short term ecb – libor linked interest rates. Import of raw material under short term ecb, effect of working capital and cash flows. Rate of interest is around 6% per annum fcnr (b) loans:- foreign currency loans linked to libor interest rate for exporters for capital investment and working capital (mezzanine funding). Options of hedged / un-hedged position