Customs Drawback and MEIS is claimable both

[PARTHASARATHY V]

Prior to the New FTP 2015-20 exporters were claimed the benefit of Customs Duty Drawback (All India Rate or fixation of special rates) and also the Export Incentive benefits form DGFT like SHIS, FPS etc. After the merger of the export Incentive scrip i.e. MEIS, is it permissible to claim the Customs Duty Drawback as well MEIS on the exports made.

Any expert come across this issue, please clarify the same which will help to the readers.

AI Summary

MEIS and Duty Drawback: concurrent claims allowed if entitlement, shipping bill declaration and DGFT transmission are met.
Exporters may generally claim both Customs Duty Drawback and MEIS for the same shipment because the schemes operate separately, but MEIS claims require that the shipping bill bear a declaration of intent and that the shipping bill be transmitted from Customs EDI to the DGFT SB repository; the exported product and market must be notified for MEIS entitlement and rupee invoices qualify only if proceeds are realised through a freely convertible Vostro account with bank evidence.