SIR,
Now MEIS Licence are issued upto 31.03.2020 shipping bill by DGFT.
No New MEIS Licence are issue on Shipping bill date after 01.04.2020 by DGFT.
Please tell when New MEIS Licence will start on Shipping bill date after 01.04.2020???
AKASH
98149-18063
RoDTEP to Replace MEIS from January 2021; MEIS Budget Capped at INR 9,000 Crores for Fiscal Year 2020-21 A user inquired about the commencement of the new MEIS license for shipping bills dated after April 1, 2020. Respondents indicated that the RoDTEP scheme is set to begin after January 1, 2021, replacing MEIS. The Ministry of Commerce announced a budget cap of INR 9,000 crores for MEIS for the fiscal year 2020-21, with INR 5,000 crores allocated for September to December 2020. There is no current notification on MEIS for April to August 2020, likely due to international pressure and WTO cases against India's export subsidies. Further updates are awaited. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
