MEIS

Merchandise Exports from India scheme

Merchandise Exports from India scheme which grants the exporter to get the benefit of up to 5% of FOB Value.

The Government of India has brought in the Merchandise Exports Incentive Scheme (MEIS), replacing five other similar incentive schemes present in the earlier Foreign Trade Policy 2009-14. The schemes that have been replaced by the MEIS scheme include:

  • Focus Product Scheme (FPS)
  • Focus Market Scheme (FMS)
  • Market Linked Focus Product Scheme (MLFPS)
  • Infrastructure incentive scheme
This scheme is introduced to promote the export of goods and services. MEIS Scheme aims to offset infrastructural inefficiencies and associated costs involved in export of goods/products by providing credit in the form of duty credit scrips. The incentives calculations depend on various variables like destination country and tariff classification of good. Latest policy extended this benefit to e-commerce sector.

SEIES

Service Exports from India Scheme (SEIS)

Service Exports from India Scheme (SEIS) under Indian Foreign Trade Policy 2015-20 (FTP 2015-20) is one of the two schemes introduced in Foreign Trade Policy of India 2015-20, as a part of Exports from India Scheme. (The other scheme is Merchandise Exports from India Scheme (MEIS))

EPCG

Export Promotion Capital Goods (EPCG)

EPCG is a scheme announced by Govt of India to promote the production of quality products/services exported from India. Under this scheme, according to the Foreign Trade Policy (2015 – 20 RE 17), a company can import capital goods from other countries without any duty (0% duty). As the scheme suggests that it is for the promotion of exports, the Govt has levied an “Export Obligation” on the importer of capital goods. According to the present policy, the export obligation is six times the duty saved amount, which can fulfill in six years period.

The scheme is a boon to exporters of India. Since businesses do not have to pay vast amounts of duty upfront for the imported machinery. With the best technology available at their disposal they can manufacture best quality goods and services at a faster rate (in few cases), which will attract higher demand and better prices in the International market.

Advance License

We are engaged in offering Advance Licence Services to our customers. Our clients can get this service from us at nominal prices. Promptly implemented, our service is cherished amid our patrons owing to their punctual completion and reliability. In addition to this, we provide this service to our honored patrons as per their mentioned details and requisites.
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