Export under advance authorisation

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..... Export under advance authorisation
Query (Issue) Started By: - kamal chordia Dated:- 22-6-2016 Last Reply Date:- 25-6-2016 Customs - Exim - SEZ
Got 5 Replies
Customs
Dear Sir If a manufacturer exporter importing goods under advance authorisation and after process export the finished goods. Can he avail benefit of MEIS under chapter 3 incentive scheme of DGFT. Please clarify. Thank .....

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..... s & regards Kamla Reply By MUKUND THAKKAR: The Reply: Dear kamalji, you can availed the benifit of MEIS, but you should have to mention following declaration in your export invoice that We intend to claim rewards under Merchandise Exports From India Scheme (MEIS)". and also check that same declaration appear in shipping Bill. Reply By surya narayana: The Reply: Dear Friend, For more clar .....

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..... ity on the clarification given by shri.Thakkar, you may kindly refer Para 3.14 of HBP Vol.1 Reply By YAGAY AND SUN: The Reply: According to the latest amendment through Notification even if no declaration of intent to avail the MEIS benefit buy the Y is opted/ticked in the system while filing the information in the S/B, it would be sufficient. Reply By CS SANJAY MALHOTRA: The Reply: MEIS is av .....

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..... ailable even if the clearances of Exports are against Advance Authorization, subject to same being declared in Shipping Bill as stated by Mr. Mukund. wherever Y has been mentioned in Reward Column in S/Bill, declaration is not mandatory, right mentioned by M/s Yagay & Sun. Reply By kamal chordia: The Reply: Thanks to all for your valuable information.
Discussion Forum - Knowledge Sharing .....

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