Reward /Incentive Schemes - CBEC's Customs Manual 2023 - Customs

..... (MEIS) Scheme rewards export of notified goods listed in Appendix 3B of Handbook of Procedures generally @ 2% or 3% or 5% or 7% or 10% of certain FOB value of exports. It includes reward on export via foreign post offices or international courier terminals of specified items that are transacted using e-commerce platforms, subject to value limit of Rs. 5 lakh per consignment. In order to claim reward under MEIS, it is mandatory that exporter declares intent to claim reward at the time of export .....

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Reward /Incentive Schemes - CBEC s Customs Manual 2023 - Customs

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..... duty paid through debit under these scrips is allowed to be adjusted as Duty Drawback. Additional Customs duty/ post GST remnant excise duty paid through debit in these scrips is also allowed to be adjusted as CENVAT Credit or Duty Drawback. [Refer Notifications Nos. 24 and 25 /2015-Customs, Nos.20 and 21 /2015-C.E., all dated 8-4-2015] (d) Duty Credit Scrips issued under FTP 2015-20 can also be utilized / debited for payment of Customs duties in case of EO defaults for authorizations issued un .....

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Reward /Incentive Schemes - CBEC s Customs Manual 2023 - Customs

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..... of genuineness of shipping bills shall be restricted to not more than 5% randomly selected scrips for which EDI shipping bill details (irrespective of port of export) shall be viewed in house using the role ‘enq_cntry’ in ICES v. 1.5, without seeking documents from exporter. The Custom Houses need not verify genuineness of shipping bills when the reward scrip has been simultaneously received online through electronic transmission from DGFT. Customs can also carry out complete verific .....

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Reward /Incentive Schemes - CBEC s Customs Manual 2023 - Customs

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