Availability of MEIS on export of second hanf Machinery etc.

[malay pota]

If a person purchase second hand Machinery /Spares/ Equipment etc. from ALANG Bhavnagar (Gujarat) ( the Machinery /Spares/ Equipment etc are prchased from Shipbracking ) and export as it is or after refrebricating /re-machining can MEIS be allowed to claim in respect of such export?

AI Summary

Debate on MEIS Eligibility for Exporting Second-Hand Machinery from Shipbreaking Yards Under Foreign Trade Policy A discussion took place regarding the eligibility of claiming the Merchandise Exports from India Scheme (MEIS) for exporting second-hand machinery or equipment purchased from shipbreaking yards in Gujarat. One participant asserted that MEIS is only applicable to manufactured goods, while another argued that the Foreign Trade Policy (FTP) does not specify this limitation and aims to boost manufacturing and exports. A third participant inquired about any issues faced in such transactions, to which the original poster confirmed no problems were encountered. The discussion involved four replies, focusing on customs and export regulations.