Sir,
We are manufacturer and exporting under CT-1 form taken by our Customer.
We both will be signing the ARE-1 form.
Now query is that
1- Are we entitled to get the DBK and MEIS export incentives?
2- Are .we eligible to fulfil export obligation when machine is imported under EPCG for the manufacture of the said goods.?
Kindly repl.
Regards
Pradeep Jain
Payment may be received in INR/ USD.
Please confirm.
Supporting Manufacturers Ineligible for DBK & MEIS Benefits; Must Appear on Shipping Bill for EPCG Obligations Fulfillment A manufacturer inquires about eligibility for DBK and MEIS export incentives when exporting under a CT-1 form and fulfilling export obligations under EPCG. Responses indicate that as a supporting manufacturer, they are not eligible for DBK or MEIS benefits, which are available to the merchant exporter. However, they can fulfill EPCG obligations if their name appears on the shipping bill and ARE-1 form, with necessary documentation. The discussion highlights that MEIS benefits require the supporting manufacturer's name on the shipping bill and that DBK is directly credited to the merchant exporter's bank account. (AI Summary)