Govt to incentivise exporters under the IEIS scheme
The Dollar Business Bureau The government in its Trade Notice No.16/2016 on Thursday announced it would provide benefits to those exporters who did not receive incentives under the then Incremental Export Incentivisation Scheme (IEIS) notificationNo: 3 (RE-2013)/2009-2014 when the scheme was operational. The government had later discontinued the IEIS scheme and the same wasmerged under the Merchandise Exports from India Scheme (MEIS). The Incremental Export Incentivisation Scheme (IEIS) for Quarterly basis (01.01.2013 to 31.03.2013) was introduced vide Notification No.27 dated 28.12.2012. The following points have been detailed under the latest notification. 1. Under the IEIS scheme, an IEC holder was entitled for 2% duty credit scrip on the incremental growth during January 1, 2013 to March 31, 2013 as against the ...
