Procedure for payment of MEIS benefits for obtaining No Incentive Certificate from DGFT

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..... edure for payment of MEIS benefits for obtaining No Incentive Certificate from DGFT. The Trade has represented that the existing procedure of depositing amount of MEIS benefits is cumbersome and causes delay. 2. MEIS benefits are required to be deposited in terms of para 3.24 (b)(i) of the Handbook of Procedures Volume-I (HoPV1) for obtaining 'No Incentive Certificate' from DGFT. As per Public N .....

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..... rest under section 28AA of the Customs Act, 1962. In case of first two situations, there is no need for depositing any amount with customs, however, the importers need to submit 'No Incentive Certificate' issued by the DGFT in support of their claim that no incentive have been claimed under Chapter 3 of FTP on the exported goods. 4. The matter has been examined and to further facilitate the trade .....

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