New Delhi, Apr 3 (KNN) The Ministry of Commerce has recently come out with a detailed procedure for claiming benefits under the Transporting and Marketing Assistance (TMA) scheme which aims at boosting agricultural exports.

The Department of Commerce under the Union Ministry of Commerce & Industry on March 5, 2019 notified a scheme for Transport and Marketing Assistance (TMA) for Specified Agriculture Products.

"Procedure and Aayat Niryat form to avail TMA for specified agricultural products are notified," said Directorate General of Foreign Trade (DGFT) in a notification.

As per the notified procedure, application for claiming assistance can be filed online by a registered and eligible exporter having a valid RCMC (Registration Cum Membership Certificate), issued by export promotion councils or commodity boards.

The application shall be filled up online on DGFT's website along with the application fee.

The application for claim on TMA will be made on quarterly basis. Online claims should be filed within a period of one year from the completion of quarter in which exports have been made, the notification added.

The documents required to file the application includes shipping or airways bill, commercial invoice, on board bill of landing, and proof of landing.

The scheme aims to provide assistance for the international component of transportation of agricultural produce to mitigate the disadvantage of higher cost of exporting agriculture products. (KNN/YV)