petitioner has filed an application for Duty Free Credit
under Target Plus Scheme (TPS), which is one of the export
promotional schemes, made available ... exports realized by the
exporter;
vi) A scrip issued under the Target Plus Scheme satisfies the definition
of licence under the FTDR
31st August 2004. It contained an export incentive
scheme called the Target Plus Scheme („TPS‟), which was effective from 1st
April 2004 to 31st March ... shall have the option to apply for benefit
either under the Target Plus Scheme or under the
Vishesh Krishi Upaj Yojana, but not both
imports on account of the
benefit conferred under a scheme, namely Target Plus Scheme (hereinafter
referred to as 'TPS'). It could only exercise ... hereinafter referred to as 'FTP'), a scheme known as
Target Plus Scheme is framed by the respondents. The objective is to boost
inflate their export turnover and to fraudulently avail
the benefit of Target Plus Scheme. Further investigation into the export of
studded Gold Jewellery ... their
exports of studded Gold Jewellery to avail benefits of Target Plus Scheme.
2. On the misuse of the Scheme being brought to its notice
Chennai), by allegedly wrongly
availing duty exemption using five non-transferable Target Plus
Licences issued to a Merchant Exporter with actual user condition and
without ... Enterprise and a recognized
Star Export House, was granted eight Target Plus Licences by DGFT.
The Target Plus Scheme, implemented through Notification No.
32/2005
Chennai), by allegedly wrongly
availing duty exemption using five non-transferable Target Plus
Licences issued to a Merchant Exporter with actual user condition and
without ... Enterprise and a recognized
Star Export House, was granted eight Target Plus Licences by DGFT.
The Target Plus Scheme, implemented through Notification No.
32/2005
Chennai), by allegedly wrongly
availing duty exemption using five non-transferable Target Plus
Licences issued to a Merchant Exporter with actual user condition and
without ... Enterprise and a recognized
Star Export House, was granted eight Target Plus Licences by DGFT.
The Target Plus Scheme, implemented through Notification No.
32/2005
make them eligible for duty credit certificates under Target Plus Scheme (TPS) for a total amount of Rs.7,08,12,793/-. GL applied ... Gimpex Ltd. against the duty credit certificates issued under Target Plus Scheme vide Bills of Entry mentioned in Annexure A.17 of the show cause
extent in various licenses obtained by them under DFCE/DEPB and Target Plus schemes. It was the contention of the Revenue in the show cause ... cash or through debit under DFCE (which was replaced by Target Plus Scheme) would be adjusted as Cenvat Credit or duty drawback.
f. The Board
earned by way of export incentive under the scheme
called the Target Plus Scheme (TPS). Under the aforesaid TPS
which was aimed at boosting ... Ministry had
therefore clarified that "the holder of Target Plus Scheme
certificate is permitted to import an item under the Target Plus
Scheme
