Ministry of Finance TheDollarBusiness

Regarding MEIS application Trade Notice No.02/2018

Dated 24th April, 2017 | Copy of | Trade Notice NO.02/2018 |

Attention of Trade & Industry is invited to Para 3.04 of Foreign Trade Policy 2015-20 relating to MEIS claim.

It has come to the notice of this office that exporters are claiming their MEIS benefit on full FOB value by indicating 0,0,0, against column mentioned in MEIS application relating to Commission, Insurance & Freight.

All exporters are therefore directed to submit their application of MEIS claim by indicating Commission, Insurance & Freight in the relevant column of MEIS application.

In the past, whoever has claimed MEIS benefit including CIF value is hereby directed to refund the excess claim of MEIS by indicating details viz. File Number, MEIS Licence Number, Value etc. to avoid any action under Foreign Trade (Development & Regulation) Act 1992.

Sd/-
(Dr. Sonia Sethi)
Addl. Director General of Foreign Trade

Issued by:
Office of the Additional Director General of Foreign Trade
Mumbai

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The Dollar Business Bureau - May 22, 2017 12:00 IST