Meis scheme pdf writer

Merchandise exports from india schememeis directorate. Printing ink, writing or drawing ink and other inks, whether or not. Meis merchandise exports from india scheme benefit upto 7% of export value under foreign trade policy government has introduced new export incentive schemes under merchandise export from india schemes to promote the export of goods and services. How to apply for meis scheme, merchandise exports from india. Merchandise exports from india scheme meis consultant. Import export data, export import shipment data from customs. Services exports from india scheme seis schedule under appendix 3d as annexure to the public notice no. Now, all the above 5 schemes have been merged into one scheme and it is introduced as merchandise exports from india scheme meis.

Meis procedure foreign trade handbook of procedures 20152020 for merchandise exports from india scheme meis 3. Infrastructure incentive scrip are merged into a single scheme namely merchandise exports from india scheme meis. Extension up to one year can be granted by development commissioner for valid reason in writing if. Following steps are to be completed for attaching a shipping bill to meis application 1. This is to be done prior to allowing usage of duty credit. Create meis application from top menu panel, select file create. Centre may retain export scheme meis till march 2020 the. Rebate of state and central taxes and levies rosctl against the current ongoing incentive scheme meis. Service exports from india scheme seis under the seis scheme, the govt will give incentives in the range of 3% to 5% to all service providers who are providing services from india to. Merchandise export incentive scheme and seis scheme are introduced. The objectives of the merchandise exports from india scheme meis are also aligned to the make in india scheme launched by the government of india. It was introduced under the foreign trade policy of india ftp 201520. Name of the scheme merchandise exports from india scheme meis about the scheme merchandise exports from india scheme is a part of chapter 3 exports from india schemes of ftp, 201520, under which rewards to exporters to offset infrastructural inefficiencies and associated costs are given. The duty credit scrips and goods imported domestically procured against them shall be freely transferable.

The main features of meis, including details of various groups of products supported under meis. Appendix 3b meis schedule table 2 itc hs code wise list of products with reward rates under merchandise exports from india scheme meis. In this article all the information about meis scheme 2020 pdf details are been provided. Meis will be replaced with a new scheme rosctl export. In the foreign trade policy 201520, under export from india schemes, there are two schemes for exports of merchandise and services viz i merchandise exports from india scheme meis. Thus keep reading this article carefully till the end to know all about the scheme. This scheme provides an additional 2% incentive over the older version.

Meis scheme under foreign trade policy of india 20152020. This new scheme replaces the 5 similar incentive schemes earlier under foreign trade policy2019 and rationalises the incentives under these schemes. In case of shipments from non edi ports, the duty credit scrip including splits under meis shall be issued with a single port of registration which shall be the port of export. All about meis merchandise exports from india schemefull. The new ftp introduces two new export incentive schemes namely. Scheme meis and services exports from india scheme seis. Worried about falling exports, the centre is considering the option of extending the popular merchandise export incentive scheme meis for exporters till the end of the ongoing fiscal and. Who are eligible for seis, service exports from india scheme. The merchandise exports from india scheme meis was introduced in the foreign trade policy ftp 201520 on april 1, 2015 and is a major export promotion scheme implemented by the ministry of commerce and industry. Latest current affairs and news current affairs today. The objective of this scheme is to promote the manufacture and export of notified goodsproducts. Export promotion schemes available for textile sector firms in india a merchandize exports from india meis scheme launched in april 2015, the meis provides duty reward to eligible textile and apparel categories to an extent of 25% of fob value in the countries categorized as per the criteria prescribed under the scheme. Exports inventives in india meis seis epcg advance.

Meis benefits are also explained in this article below. Country groups falls under meis scheme under foreign trade policy 201520. Five existing schemes to promote goods exports merged into a single merchandise exports from india scheme meis incentives in form of duty scrips as a per cent of realized fob value of exports. Merchandise exports from india scheme meis taxguru. Seis scheme 5% incentives by govt to service exporters. For incentives to exporters of goods, refer this article incentives to exporters of goods under the meis scheme. The intend of this incentive scheme to motivate to produce competitive products under make in india to the global market. United states response at the hearing and in writing. Five schemes from chapter 3 of ftp namely focus product scheme, market linked focus product scheme, focus market scheme, visheshkrishi and gram udyogyojana scheme vkguy, agri. These schemes aim to transform india into a global hub for manufacture of goods for both exports as well as domestic consumption. Meis, merchandise exports from india scheme under ftp 201520. The meis scheme offers export incentives between 2% and 5%. Finance minister nirmala sitharaman on saturday announced new measures to boost exports, which include replacement of merchandise exports from india scheme meis with scheme. Full form and scheme pdf are also been provided in this article.

Appendix 3bmeis schedule table 2 export of all formulations. As per the recent news from the sources, the government will introduce the new rebate scheme i. Merchandise exports from india scheme mies 20152020 entitlement. Duty credit scrips shall be granted as rewards under meis. In recent years the government is aiming to increase the margin of export under the new fiveyear foreign trade policy by providing incentives to the exporters of goods and services. Meis is one of the exports from india scheme launched by dgft in chapter 3. The unhappiness was on account of three counts as detailed. Foreign trade policy 1 st april, 2015 31 st march, 2020 government of india ministry of commerce and industry department of commerce. Update freight, insurance and commission values, if any, in ebrc. Earlier in ftp 200914, o there were 5 different export promotion schemes for promoting exports of goods, which is now merged into merchandise exports from india scheme meis o served from india scheme is replaced with service exports from india scheme. Export of more than 4000 items are eligible to get benefit under meis. Two schemes were launched under the policy namely meis and seis.

Amendmentcorrection in the appendix 3b, table 2 of the merchandise exports from india scheme meis. Appendix 3b meis schedule table 1list of countries under country group a, country group b and country group c icountry group a 1 austria, 2 belgium, 3 bulgaria, 4 canada, 5 croatia, 6 cyprus, 7 czech. Merchandise exports from india scheme meis additionsamendments table2 containing itc hs code wise list of products with reward rates of appendix3breg. Exports from india schemes the merchandise export from india scheme meis scheme is a newly launchedscheme as a part of the new foreign trade policy and is applicable from 2015 to 2020. The government of india has been taking various steps towards boosting its trade with the rest of the world by adopting policies and procedures which would help to increase and facilitate both exports and imports with the other countries of the world, so the department of commerce, government of india has developed this web portal. Director general foreign trade dgft vide public notice no.

Schemes directorate general of foreign trade ministry. Meis meis scheme merchandise exports from india scheme. Stepbystep instructions are available on above link 4. Withdrawal of meis for items in the apparel and madeups sector chapter 61, 62 and 63 of itc hs 2017 from 07. Dgft accedes to the major demands of epch under meis dgft. This will come into existence bcs of the united states appeal into the world trade organization. The current scheme is slight degradation of the earlier duty drawback scheme. This new scheme replaces the 5 similar incentive schemes available earlier under foreign trade policy 20142019 and rationalises the incentives given under these schemes. Who are eligible for seis, services exports from india scheme. Such goods can be exported in manual mode through foreign post offices.

Please assist the nacen, kanpur in improving the same by writing to us. Directorate general of foreign trade dgft organisation. Public notices directorate general of foreign trade. The merchandise export from india scheme meis scheme is a newly launched scheme launched as a part of the new foreign trade policy and is applicable from 2015 to 2020.