MEIS Scheme

[R S Simha]

The timeline for applying to MEIS is one year . Is one year to be considered from the date of Export Invoice OR is it from the date of shipping Bill .

In case of SEIS , one year is considered from the of date of Export Service Invoice , am i correct in my understanding.

AI Summary

Declaration of intent via EDI shipping bill tick enables MEIS claims, with LEO date governing the filing timeline.
Marking/ticking 'Y' in the EDI shipping bill Reward column constitutes the exporter's declaration of intent to claim MEIS; non EDI shipping bills require a written declaration. The declaration must be made before or when filing the shipping bill. The LEO date (port clearance) is the relevant date for computing the timeline for submitting MEIS claims, including last dates, late cutoffs and supplementary claims.