TaxTMI 
TaxTMI 
Is Drawback and MEIS available in case of Merchanting Trade?
Can anyone clarify or provide all the aspects or FAQs of merchanting trade.
Eg. 1. How to make payments?
2. How to clear the BRC of the same as Shipping Bill not available?
Drawback and MEIS available in case of Merchanting Trade?
10 Aug 2016 
4 Replies 
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Export incentive eligibility: merchanting trade excluded as exports don't originate in India and lack shipping bills.
Drawback and MEIS are not available for merchanting trade because such transactions do not involve exports of goods originating in India and generally lack shipping bills and required documentary proof; export incentives are limited to goods produced or manufactured in India and require evidence of export origin and shipping formalities. (AI Summary)
Drawback and MEIS are not available for merchanting trade because such transactions do not involve exports of goods originating in India and generally lack shipping bills and required documentary proof; export incentives are limited to goods produced or manufactured in India and require evidence of export origin and shipping formalities. (AI Summary)