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Buy Sell MEIS SEIS Duty Credit Scrips

Buy Sell MEIS SEIS Duty Credit Scrips

Submitted by • March 26, 2018 www.vardhmaninternational.in

Earlier there were 5 different schemes (Focus Product Scheme, Market Linked Focus Product Scheme, Focus Market Scheme, Agri. Infrastructure Incentive Scrip, VKGUY) for rewarding merchandise exports with different kinds of duty scrips with varying conditions (sector-specific or actual user only) attached to their use. Now all these schemes have been merged into a single scheme, namely Merchandise Export from India Scheme (MEIS) and there would be no conditionality attached to the scrips issued under the scheme. The main features of MEIS, including details of various groups of products supported under MEIS and the country groupings, are at Annexure-1 in Foreign Trade Policy.

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Voted by vardhman

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