Port of Registration of Scrips for MEIS and SEIS under FTP 2015-20

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Port of Registration of Scrips for MEIS and SEIS under FTP 2015-20

Here, port of registration of scrips for SEIS and MEIS is explained. The exporters may follow these details mentioned under Foreign Trade Policy 2015-20 to claim for MEIS or SEIS against their exports. 

IMPEX Policy 2015-20 aThe Port of Registration under MEIS, Merchandise Exports from India Scheme would be as follows:

Duty Credit Scrip (including splits) under MEIS, Merchandise Exports from India Scheme shall be issued with a single port of registration which shall be the port of export.

Duty credit scrip needs to be registered at the port of exports. This is to be done prior to allowing usage of duty credit. Once registered at EDI port, scrip can be automatically used at any EDI port for import and at any manual port under Telegraphic Release Advise (TRA) procedure.

In case port of registration is a manual port, TRA shall be required for imports at any other port.

In case of scrip applied under Service Exports from India Scheme, the applicant can choose any port as port of registration and mention it in the application at the appropriate column. RA will issue the scrip with such port of registration. Such Duty credit scrip needs to be registered at the port of registration of duty credit. Once registered at EDI port, scrip can be automatically be used at any EDI port for import and at any manual port under Telegraphic Release Advise (TRA) procedure. In case port of registration is a manual port, TRA shall be required for imports at any other port. 80

The above details about port of registration of scrips for SEIS and MEIS help exporters to apply for benefits under MEIS and SEIS. The exporters may follow these details mentioned under Foreign Trade Policy 2015-20 to claim for MEIS or SEIS against their exports.

You may share your thoughts and experience in applying and obtaining claim of MEIS or SEIS.

The above information is a part of Import Export online Training

Also read:SEIS Scheme under Foreign Trade Policy 2015-2020

 

Comment below your thought about MEIS/SEIS scheme under Foreign Trade Policy 2015-2020.

 

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Comments


THIRUMALAI THIRUMALAI: 09840035627 FROM 1.6.2015 ONWARDS MEIS SCHEME NOT MENTIONED IN THE SHIPPING BILLS. BUT EXPORTER IS ELIGIBLE FOR MEIS SCHEME. HOW TO APPLY FOR MEIS SCHEME.

Akshata Sawant: We have done an export of Fliptop cap mould to Jeddah. We are member of FEIO. We need guideline for registration in MEIS for credit scrip. What percentage we can get Duty credit scrip.

lalit sanghavi: Dear Sir, We have acquired a SEIS of JNPT Custom is not allowing in reqular Debiting but asking for a bond is it Rightway or not. Pl guide . Money is stuck Regards, Lalit 09820540808

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