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Merchandise Exports from India Scheme

News and Press Release - Dated:- 28-11-2016 - On announcement of Foreign Trade Policy on 1 April, 2015, 4914 products at 8 digit Harmonised Codes (HS Codes) were covered under Merchandise Export from India Scheme (MEIS). Since then, the coverage has been widened adding 3000 products thereby covering a total of 7914 products at present. These lists of items are available at the website link dgft.gov.in The review of MEIS was intended to boost India s export performance. MEIS covers all the countr .....

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nsideration to increase the incentive to 6% as the available resources have been fully allocated during this fiscal year. For service sector, the Government has introduced the Service Exports from India Scheme (SEIS) w.e.f. 01.04.2015 under which the service providers of notified services are incentivised in the form of duty credit scrips in the range of 3-5 % on their net foreign exchange earned. These SEIS scrips are transferrable and can also be used for payment of a number of Central duties/ .....

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