Export under advance authorisation

[kamal chordia]

Dear Sir

If a manufacturer exporter importing goods under advance authorisation and after process export the finished goods.

Can he avail benefit of MEIS under chapter 3 incentive scheme of DGFT.

Please clarify.

Thanks & regards

Kamla

[MUKUND THAKKAR]

Dear kamalji,

you can availed the benifit of MEIS, but you should have to mention following declaration in your export invoice that

We intend to claim rewards under Merchandise Exports From India Scheme

(MEIS)”. and also check that same declaration appear in shipping Bill.

[Suryanarayana Sathineni]

Dear Friend,

For more clarity on the clarification given by shri.Thakkar, you may kindly refer Para 3.14 of HBP Vol.1

[YAGAY andSUN]

According to the latest amendment through Notification even if no declaration of intent to avail the MEIS benefit buy the Y is opted/ticked in the system while filing the information in the S/B, it would be sufficient.

[CSSANJAY MALHOTRA]

MEIS is available even if the clearances of Exports are against Advance Authorization, subject to same being declared in Shipping Bill as stated by Mr. Mukund. wherever Y has been mentioned in Reward Column in S/Bill, declaration is not mandatory, right mentioned by M/s Yagay & Sun.

[kamal chordia]

Thanks to all for your valuable information.

AI Summary

Exporter Eligible for MEIS Benefits if Declaration of Intent Included; Recent Amendments Simplify Claim Process with 'Y' Selection. A manufacturer-exporter inquired about eligibility for the Merchandise Exports from India Scheme (MEIS) benefits when exporting finished goods processed from imports under advance authorization. Respondents confirmed eligibility, provided the exporter includes a declaration of intent in the export invoice and shipping bill. One respondent noted that according to a recent amendment, selecting 'Y' in the system during the filing process suffices for claiming MEIS benefits without a mandatory declaration. The discussion emphasized the importance of proper documentation to avail of the incentives.