Indian Natural Rubber in Market Linked Focus Product List

Kottayam: The Government of India has included branded ‘Indian Natural Rubber’ in the Market Linked Focus Product Scheme (MLFPS). According to the Foreign Trade Policy amendment by the Ministry of Commerce and Industry on June 05, 2012, branded NR would be incentivised and entitled to duty credit scrip equivalent to 2 per cent. Indian NR has been included as 147th item in the MLFP scheme.

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