ANNOUNCEMENT 27 May 2016

The Indian Ministry of Commerce and Industry has simplified the procedure for filing export shipping bills at Electronic Data Interchange (EDI) enabled ports and for obtaining Duty Credit Scrips under the Merchandise Exports Incentive Scheme (MEIS).

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 1 neutral
  • 0 liberalising

SOURCE

Public Notice No.13/2015-2020
http://dgft.gov.in/Exim/2000/PN/PN16/PC-3.pdf

Inception date: 27 May 2016 | Removal date: open ended

Tax-based export incentive

The following changes have been made for applications of export shipping bills under the Merchandise Export Incentive Scheme at Electronic Data Interchange (EDI) ports - 

  • Registration can be done at any of the EDI ports and separate application is no longer required at each EDI port.
  • Separate applications of shipping bills for each EDI port of export are not required and a single application is for all EDI shipping bills can be made at one port. Application for export from non-EDI ports require separate application for each such port
  • Duty Credit Scrips, that are the incentives under the Merchandise Export Incentive Scheme, were earlier issued separately from each single port which was the port of export. These scrips can be issued from a single port which shall be any of the EDI ports from where the export is made.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A