Risk Management System under MEIS and SEIS Posted on 17 April 2023 Category : Foreign Trade Policy 2015-20 Risk Management System under MEIS and SEIS The policy relating to Risk Management System is given in Paragraph 3.19 of Foreign Trade Policy. The Computer System in DGFT HQ, on random basis, will select 10% of cases for each RA which has issued scrips in the preceding month by 10th of the month. The list of such selected cases will be sent to concerned RA by NIC by 15th of the month. Concerned RA, will in turn, ask for the original documents by 30th of the month for examination in detail. The applicant shall be under obligation to submit the document asked for in the next 15 days. Concerned RA in turn will examine such documents in next 15 days. In cases, there is any deficiency the applicant shall rectify it in next one month from the date of communication by RA. In case of excess availment of rewards, the applicant shall refund the excess claim with interest as prescribed in paragraph 3.19 of FTP. In case the applicant fails to submit the original documents/ rectify the deficiencies / refund the excess claim as stipulated above, RA will initiate action as per FTDR Act and Rules. The above information is a part of Export Import Training online Learn Exports and Imports Free of cost – Click here Also read: How to export your product? How to import your product? 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What is phyto sanitary certification How to obtain waiver on detention/ demurrage on imported goods/container from Shipping company/CFS What is Bond execution with customs in imports and exports What is Brand Rate in Duty Drawback Posts related to MEIS, Guidelines to exporters of India What is MEIS, Merchandise Exports from India Scheme? Schemes difference between Foreign Trade Policy 2015-20 and previous 2009-14 Country groups falls under MEIS scheme under foreign trade policy 2015-20? Products and Markets Supported to MEIS scheme under Foreign TP 2015-20 Women Centric Products supported under MEIS How to apply for MEIS, Merchandise Exports from India Scheme MEIS under Export of goods through courier or foreign post offices Proof of Landing to claim MEIS, Merchandise Exports from India Scheme Common Procedural features for MEIS and SEIS Port of Registration of Scrips for MEIS and SEIS under Trade Policy 2015-20 Procedure to upload documents by CA, CS or Cost Accountant to claim MEIS or SEIS Re-export of defective or unfit goods under MEIS Validity period and Revalidation for MEIS and SEIS Declaration of Intent to claim MEIS, Merchandise Exports from India Scheme Last date of filing of application for Duty Credit Scrips Application for Shipments from EDI Ports and Non-EDI Ports under MEIS Risk Management System under MEIS and SEIS Comments Mahesh: On 09 September 2015 Dear all we mentioned the MEIS declaration in remark column on shipping bill & showed full MEIS declaration but there on the shipping bill rewarded item showing "NO" instead of "YES". So our query is would we able to receive MEIS benefit without "YES" at rewarded item. if we are not able to take benEfit of MEIS than what should we do to take benefit of MEIS..? ramesh kumar: On 05 October 2015 this is case of amendment in shipping bill,please write a letter to commissioner of custom (port of export )stating the condition. on your request custom will amend the details and EDI SECTION custom will correct amend in their system "yes"INSTEAD OF "no" then you will be take MEIS incentive. Regards, ramesh kumar exim consultants Aravind: On 24 August 2018 Dear Sir, We have almost ready with MEIS file to submit but file is ñot available to apply, after we came to know that file is expired. Now we try to create new file and add shipping bill.it saying "shipping bill is used" Please help me to reapply. Thanks in advance Senthil: On 01 March 2019 Sir we are filling SB without rewards from 2015 to 2017 it is poosibile for claiming MEIS or please suggest the solutions. SAMUEL: On 23 July 2019 sir we are export one shipment DBK,LUT, MEIS,used for scheme same items failurecoming back to repair purpose what ??