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MEIS procedure for export

Customs - Started By: - Srivatsan Krishnamachari - Dated:- 22-8-2016 Last Replied Date:- 4-9-2016 - Dear Experts, Please provide me the details of Merchandize exports from India Scheme. We are basically manufacturing unit, generally exports under LUT1 Under ARE1. I wish to know, any special procedure in this scheme with reference to documentation and also wish to know draw back claim other relevant details. Thanks for your support. regards Srinivas - Reply By MANISH SINHA - The Reply = Dear Mr. .....

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show the realization of Export Proceeds and it shall reflect in DGFT site. DGFT office sanctioned the same in form of Duty Scrip. Duty scrip can be used against Purchase of dutiable goods or you can sold it in market also. Drawback is product i.e. HS code specific. SB to be filed under Duty Drawback option with relevent Drawback Sl No. For the same you should be registered at Port with Bank account No. Further after Export Drawback shall be credited in your account online. There two rates of Dr .....

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