Courier and postal export value limit increased; MEIS entitlement now capped per consignment at higher threshold for rewards. Paras 2.47 and 3.05 amend courier and postal export rules to set a per consignment value limit for exports through registered courier/post and to limit MEIS rewards to the prescribed per consignment FOB value; where FOB exceeds that cap, MEIS calculation is restricted to the capped FOB. The amendment removes port of export limitations for MEIS on courier/post shipments and calls for expedited EDI implementation at courier terminals.
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Courier and postal export value limit increased; MEIS entitlement now capped per consignment at higher threshold for rewards.
Paras 2.47 and 3.05 amend courier and postal export rules to set a per consignment value limit for exports through registered courier/post and to limit MEIS rewards to the prescribed per consignment FOB value; where FOB exceeds that cap, MEIS calculation is restricted to the capped FOB. The amendment removes port of export limitations for MEIS on courier/post shipments and calls for expedited EDI implementation at courier terminals.
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