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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.
Tel : 91-22-22021288, 22021330 Fax : 91-22-22026684.
E-mail: info@chemexcil.in
Website: http://www.chemexcil.in
EPC: REG: MAI: 2023-24 7th July, 2023
TO ALL THE MEMBERS OF THE COUNCIL
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Revision in the Operational Guidelines of the Market Access Initiative (MAI)
Scheme – Regarding
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Dear Members,
As you are aware that the Competent Authority - Department of Commerce (DoC), Government of India had approved continuation of the Market Access Initiative (MAI) Scheme, for a period of five years i.e 1st April 2021- 31st March 2026.
Please refer to our circular EPC: REG: MAI: 2020-2021 dated 26th July 2021 informing the above and subsequent circular EPC: REG: MAI: 2021-2022 dated 29th December 2021 informing about the Reduction in time lines for Submission of Product Registration abroad claims under MAI Scheme.
We now wish to bring to your kind notice the very important changes made in the Operational Guidelines of the Market Access Initiative (MAI) Scheme by the Competent Authority in the MAI meeting held on 4th May 2023.
Reference Para of MAI Guidelines dated 19th July 2021 |
Provisions as per MAI Guidelines dated 19th July 2021 and subsequent EC Meeting dated 5th Oct 2021
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Revised Provisions as per EC Meeting dated 4th May 2023
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Reimbursement of expenditure incurred by Exporters on Statutory Compliances
Sl No 8 in the Table at Para 7.3 (Eligible Components and Items of Expenditure)
* Revisions with Prospective Effect
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Timeline for Submission of Claims by Exporters to EPCs was 45 days from date of Receipt of Certificate
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Timeline for Submission of Claims by Exporters to EPCs is revised from “45 days from date of Receipt of Certificate” to “90 days from date of issuance of certificate”.
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No criteria linked to the f.o.b. value of exports
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Reimbursement under the scheme will be limited to the exporters having F.O.B. Value of Exports upto Rs 100 crore during the preceding financial year
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Reimbursement of airfare for participation in approved international events
Sl No 6 (ii) and 7 in the Table at Para 7.3 (Eligible Components and Items of Expenditure)
* Revisions with effect from FY 2023-24
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Ceiling of airfare reimbursement to Indian Exporters for participation in Events Abroad / for hosting Foreign Buyers in RBSMs in India
a) Rs 1,25,000/- for Africa & American Continents
b) Rs 75,000/- for other Markets
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Ceiling of airfare reimbursement to Indian Exporters for participation in Events Abroad / for hosting Foreign Buyers in RBSMs in India
a) Rs 1,50,000/- for Africa & American Continents
b) Rs 90,000/- for other Markets
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Ø No Mention about NIL Exports / Start-ups / New Exporters
Ø Reimbursement of Airfare to Exporting companies with an F.O.B. Value of Exports below Rs 50 Crore in the preceding Financial Year
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Reimbursement of Airfare to the companies having NIL Exports / Start-ups / New Exporters may be allowed up to 10% of Total participants subject to following conditions:-
Ø Airfare reimbursable will be 50% of economy fare subject to market-wise ceilings
Ø Exporter has been active in domestic market and has atleast annual turnover of Rs 50 lakh in preceding financial year.
Ø For other Exporters, it is necessary to have minimum annual export turnover of Rs 50 lakh.
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Members are advised to take note of these important revisions in the MAI Scheme and submit their claims to the Council accordingly.
Thanks and Regards
Prafulla Walhe
Dy. Director
CHEMEXCIL
Encl : Revision in Market Access Initiative Scheme on Submission of claims
Reduction in time lines for submission of Product Registration
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