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MEIS SCHEME
ET Awards: Sitharaman flags AI threat and global risks, says reforms on the way to support India Inc growthFinance Minister Nirmala Sitharaman is preparing new reforms to ease business compliance. She believes strong domestic consumption will hel...- CAG pulls up govt for irregular grant of MEIS, SEIS benefits with revenue impact of Rs 725 crGovernment auditor CAG has flagged the Commerce Ministry and customs department for wrongly giving benefits under MEIS and SEIS schemes. Th...
- This is how RoDTEP scheme can impact exportsAfter missing several deadlines, the Ministry of Commerce notified the guidelines and rates under the scheme on 17 August this year.
- Deciphering the RoDTEP Scheme for exportersRoDTEP Scheme is primarily a replacement of MEIS Scheme which was challenged by the US at WTO wherein a dispute panel in the WTO ruled agai...
- FIEO proposes govt to issue tax-free bonds to exporters in lieu of Rs 40,000 cr stuck refunds“Exporters may be allowed to file the claim so as to verify the value of the tax-free bond to be given to them, which can be encashed after...
- Government approves MEIS allocation till December 2020MEIS provides duty benefits depending on product and country. Rewards under the scheme are payable as percentage of realised free-on-board ...
- Govt caps key export benefit to Rs 2 crore per exporter till DecemberIt also said that the new Import Export Code (IEC) obtained on or after September 1 will be ineligible to submit any MEIS claim for exports...
- Exporters body EEPC India urges Centre for restoration of incentive scheme benefitsEngineering Export Promotion Council of India (EEPC) statement said that the scheme has been stopped by the Revenue Department.
- Exports incentive scheme MEIS inefficient, failed to deliver, to be wound up by year endGovernment sources said the liability under Merchandise Export from India Scheme ballooned from Rs 20,000 crore to about Rs 45,000 crore in...
- Commerce Ministry not accepting MEIS applications from exporters availing tax incentivesThe commerce department has requested its revenue counterpart to reconsider its decision, and a communication has also been sent by Commerc...
- Export sops likely to continue till March 2021The commerce and industry ministry is considering a plan to extend the Merchandise Exports from India Scheme (MEIS) till March 31, 2021. Th...
- Handset industry wants 4% incentive under MEIS to be reinstatedWith the expiry of additional ad-hoc incentive for January-March, the benefit for mobile phone makers under the Merchandise Export Incentiv...
- Export incentives under MEIS available till Dec 31: Commerce ministryUnder MEIS, the government provides duty benefits depending on product and country. Rewards under the scheme are payable as percentage of r...
- Govt rolls back duty benefits to apparel exports as it retains state taxes rebate schemeThe ministry has rolled back the incentives under the MEIS under which the government provides duty benefits depending on product and count...
- Government restores 2% additional duty benefit to mobile phone exportThe duty benefit under the Merchandise Export from India Scheme (MEIS) is effective from January 1 and will be applicable till March 31, 20...
- Electronics exports: Budget may retain MEIS incentiveThe MEIS scheme was found to violate the World Trade Organization rules as it was export focussed and India has appealed the organisation’s...
- Govt withdraws export sops for onionsHolkar demanded that the MEIS scheme be continued.
- Commerce Ministry eases process to avail export incentives under MEIS schemeDGFT will start the process of system driven approval of the MEIS claim applications from tomorrow in respect of exports made through EDI (...
- Government extends duty benefits for exports of certain dairy, agri productsCommerce Minister Suresh Prabhu in a tweet said that: "MEIS incentives introduced/increased for milk/dairy sector, onion and deoiled soya c...
- Govt announces measures to boost garment exportsThe government has also doubled the rates for incentives under an export promotion scheme -- MEIS -- to 4 per cent for readymade garments a...
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