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Issue ID: 111251
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Merchant Exporter Claim for MEIS and Advance License

Date 20 Dec 2016
Replies 2 Replies
Views 8817 Views
Asked by
Export incentive entitlement: single shipment benefits cannot be claimed by two parties; disclaimer may allocate entitlement.
Entitlement to export benefits depends on shipping documentation and realization: the party named as ultimate exporter on the shipping bill who raises the commercial invoice and receives foreign exchange ordinarily claims the benefit, and only one party may claim benefits on a given set of shipping documents; a manufacturer's written disclaimer can permit another party to claim. Separately, distinct incentives may be claimed by different parties where each incentive rests on a separate legal basis (for example, advance authorisation for input-linked export benefits and MEIS incentives for exports). (AI Summary)

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

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