Dear Sir,
We X are merchant exporter of Pharmaceutical products, our supplier Y claims the exports benefits against Advance license as per our agreement and the shipping bill is filed under MEIS Scheme and Advance License scheme.
Can we X claim the MEIS benefits as a merchant exporter and our supplier Y is claiming the Advance license?
My main doubt is, whether a single shipment can be claimed two export benefits?
Thank you
Aneel Kumar M
Pharma Exporter Can Claim MEIS Benefits If Supplier Uses Advance Authorization; Consider Disclaimer Certificate for Clarity. A merchant exporter of pharmaceutical products, referred to as X, inquired whether they could claim MEIS benefits while their supplier, Y, claims benefits under the Advance License scheme for the same shipment. Respondent Suryanarayana clarified that benefits on a shipping bill can only be claimed by one party, suggesting X could seek a disclaimer certificate from the manufacturer. Mukund Thakkar added that X can claim MEIS benefits if the supplier uses Advance Authorization for exports, as MEIS incentives are provided by the Ministry of Commerce for exporting goods, allowing X to benefit from them. (AI Summary)
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