https://www.taxtmi.com/article/detailed?id=6377 MEIS consolidates earlier export incentive programmes into a single scheme granting duty credit scrips for notified exports of specified ITC (HS) coded goods to listed markets. Rewards are calculated on realized FOB in free foreign exchange or the Shipping Bill FOB, whichever is less. Scrips are freely transferable and usable for customs, excise and service tax liabilities and specified FTP fees, subject to express exclusions for certain categories of exports and reserved Government powers to restrict products, change rates, or impose value caps. en-us Mon, 10 Aug 2015 05:56:31 +0530 Mon, 10 Aug 2015 05:56:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6377 MEIS consolidates earlier export incentive programmes into a single scheme granting duty credit scrips for notified exports of specified ITC (HS) coded goods to listed markets. Rewards are calculated on realized FOB in free foreign exchange or the Shipping Bill FOB, whichever is less. Scrips are freely transferable and usable for customs, excise and service tax liabilities and specified FTP fees, subject to express exclusions for certain categories of exports and reserved Government powers to restrict products, change rates, or impose value caps. Articles Customs - Import - Export - SEZ Mon, 10 Aug 2015 05:56:31 +0530 https://www.taxtmi.com/article/detailed?id=6377