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CHEMEXCIL
Basic Chemicals, Cosmetics & Dyes Export Promotion Council
(Set-up by Ministry of Commerce and Industry, Govt of India)
Jhansi Castle, 4th Floor, 7 Cooperage Road, Mumbai - 400 001.India.
Tel : +91 22 22021288 / * Fax : +91 22 22026684
email : info@chemexcil.gov.in Web : https://chemexcil.in
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EPC: PROJ: MAI-2021
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24th July 2021
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ALL THE MEMBERS OF THE COUNCIL
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Important - Continuation of the Market Access Initiative Scheme - reg.
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To
All Members of the Counci
Dear Sir/Madam
We are glad to inform you that the competent authority (Department of Commerce and Industry Government of India) has approved continuation of the Market Access Initiative (MAI) Scheme in a revised form, for a period of five years beyond 31st March, 2021.
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Period
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Valid from 1st April-2021 to 31st march-2026
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Objective
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To promote exports by providing financial support to MSME
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Main Focus
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MSME, Products such as Ayush, Yoga, Geographical and Tribal Products, Development and Promotion of exports from NER (North East Region), Jammu & Kashmir, Ladakh and Hill regions.
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Implementation
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Through Eligible Agencies
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Below tabulated are important changes in the revised guidelines of MAI.
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Sr. No.
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MAI Heading
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MAI Guideline dated 19th June 2021
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1
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Number of participations allowed in an event/ in a year:
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· Maximum of three participations in a particular trade fair/exhibition in a year including past events.
· SC/ ST/ Women and the exporters having f.o.b. value of exports of or less than Rs.50 crore in the preceding year, 5 participants in particular year allowed
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2
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Export Turnover eligible to avail this scheme
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Less than 50 cr. in preceding financial year
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3
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Reimbursement of airfare
for participation in approved
international events
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Individual Ceiling:
· Focus areas Maximum of Rs.75,000/-
· American Continents -Rs.1,25,000/-
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4
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Air fare permissible officer of the company for Exhibition
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Permissible only to the regular Director / Partner/ Proprietor or a regular officer of the company on senior managerial Position
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5
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Period of airfare Claim submission
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45 days
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6
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Submission of OUTCOME REPORT and details of the digital recording of the event
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Mandatory to exhibitors within 15 days from the date of event.
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The detailed revised guideline document is available in below link
https://chemexcil.in/uploads/files/Revised_MAI_Guildelines-_dt-19th_July,_2021.pdf
Member exporters are requested to take note of it and benefit from the scheme.
Thanks and Regards
Deepak Gupta
Acting Executvie Director
CHEMEXCIL
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