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MEIS BENEFIT FOR DEEMED EXPORT UNDER FORM H

VISHNU GUNAJI

Please let me know whether there is benefit under MEIS for deemed export under form H

MEIS eligibility excludes deemed exports under Form H; it applies only to direct exports and SEZ physical clearances. MEIS is not available for deemed exports effected under Form H; deemed exports receive distinct benefits under the Foreign Trade Policy. MEIS eligibility is limited to direct exports, and clearances to SEZs that are treated as physical exports qualify for MEIS. (AI Summary)
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Suryanarayana Sathineni on Nov 28, 2016

Dear Friend,

In my view, the answer for your query is "NO".

For Deemed exports, certain benefits are available under Chapter 8 of FTP and you may please refer Para 7.03 for such list of benefits.

With regard to eligibility of MEIS, it is available only for the direct exports including clearances to SEZ which are treated as physical exports.

Hope the above will address your query.

Best Regards

Suryanarayana

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