Speed-to-Market Scheme (STMS) for Exports to Europe
As per Budgetary Measures 2017/18 the Speed to Market Scheme (STMS) for the Textile and Apparel exports on the European markets has been extended to Jewellery, Medical Devices, Fruits, Flowers, Vegetables and Chilled Fish to further address the threats from Brexit. The Scheme will entail a 40% rebate on Air Freight cost (All-in-prices) to Europe with effect from 1st July 2017 for the additional products.
The Scheme aims at giving a boost to Textile and Apparel, Jewellery, Medical Devices, Fruits, Flowers, Vegetables and Chilled Fish export to European countries and to enhance product delivery in terms of Speed-to-Market.
The Scheme will:
1.0 The Scheme will apply for Export to European Countries including UK – Annex 1 below (Alphabetical list of European Countries)
2.0 Categories of products eligible for rebate:
Products manufactured in Mauritius and exported under (i) Interim Economic Partnership Agreement (EPA), (ii) EUR1 certificate of origin, (iii) Generalised System of Preferences (GSP), and any other relevant certificates.
3.0 Amount of Rebate:
4.0 Application for Rebate
4.1 Registration of companies: Companies have to register themselves once by filling the Registration Form that can be downloaded here.
4.2 Claim for refund: Application for refund has to be submitted in the Prescribed Claim Form to Enterprise Mauritius, 7th Floor, St James Court, St Denis Street, Port Louis, together with the following supporting documents:
*Registration Form and Claim Form can be downloaded from Enterprise Mauritius’ Website: www.sourcemauritius.com
4.3 Registration and Claim for Flowers, Fruits, and Vegetables exports to be submitted to Agricultural Marketing Board, Tel- 4334025, Website: http://amb.intnet.mu/English/Downloads/Pages/Freight-Rebate-Scheme.aspx
Enterprise Mauritius reserves the right to exercise control post disbursement of fund and in case any fraudulent declaration is detected the following may apply:
1) The company will not be eligible for any future rebate, and
2) Legal action will be undertaken to recover the amount refunded and may be also liable to prosecution.
For any additional details you may contact Mr Pravin Soburrun or Mrs Reshma Napaul on 2129760.
Alphabetical list of countries in Europe