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MEIS BENEFIT FOR INT TRANSACTION, Customs - Exim - SEZ

Issue Id: - 111787
Dated: 17-4-2017
By:- DEVIDAS DHUMAL

MEIS BENEFIT FOR INT TRANSACTION


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Dear Sir ,

We expecting order from UAE, Customer is ready to issue order in INR with LC. Can we do such transaction & we will get the MEIS benefit for said transaction. We checked with bank , bank will issue e-brc in INR Currency . Kindly advise us with details document prcoess.

Posts / Replies

Showing Replies 1 to 3 of 3 Records

Page: 1


1 Dated: 18-4-2017
By:- CS SANJAY MALHOTRA

Dear,

Benefit of MEIS is eligible subject to realisation of payment in INR through VOSTRO account.


2 Dated: 22-4-2017
By:- Kishan Barai

Government provide export incentives like DBK & MEIS only if you do a deal in foreign currency, because that benefit the most for our country leads to providing you incentives. In case of INR : MEIS is eligible subject to realisation of payment in INR through VOSTRO account only as quoted in above reply.


3 Dated: 3-5-2017
By:- raghunandhaanan r vi

MEIS benefit is available to exporter only if export proceeds realized are in free foreign exchange


Page: 1

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