UTILIZATION OF MEIS LICENCE FOR PAYMENT OF CUSTOM DUTY

[NITIN DESAI]

SIR,

WE ARE UNIT LOCATED IN DAHEJ SPECIAL ECONOMIC ZONE, GUJARAT. AGAINST EXPORT OF GOODS WE HAVE EARNED MEIS DUTY CREDIT SCRIPT. WE ARE SELLING OUR GOODS IN DOMESTIC TARRIF AREA I.E. LOCAL SALES ALONG WITH EXPORT SALES. WHILE SELLING THE GOODS IN DTA WE ARE REQUIRED TO PAY CUSTOM DUTY AND CGST+SGST.

MY QUERY IS AS TO WHETHER MEIS SCRIPT AVAILABLE WITH US IN OUR NAME CAN BE UTILISED FOR PAYMENT OF CUSTOM DUTY FOR SALES MADE IN DTA. IF SO WHAT IS EXACT PROCEDURE.

AI Summary

MEIS Duty Credit Script Cannot Be Used for DTA Sales; Usable for Basic Customs Duty on Imports Only A business located in the Dahej Special Economic Zone inquires about using their MEIS duty credit script to pay customs duty for goods sold in the Domestic Tariff Area (DTA). They seek clarification on the process. A response clarifies that the MEIS script cannot be used for DTA sales but can be utilized to pay Basic Customs Duty on imports. The script is also transferable, allowing the holder to sell it to an importer for monetary compensation.