https://www.taxtmi.com/news?id=16978 The Merchandise Exports from India Scheme has expanded product coverage to 7,914 eight digit HS items and now applies to all destination countries, with proof of landing dispensed to streamline compliance; MEIS incentives remain tiered and no increase is proposed due to fully allocated fiscal resources. The Service Exports from India Scheme, effective 1 April 2015, awards transferable duty credit scrips to notified service providers based on net foreign exchange earnings, usable against central duties including basic customs duty, and covers nine broad service sectors. en-us Mon, 28 Nov 2016 18:03:54 +0530 Mon, 28 Nov 2016 18:03:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16978 The Merchandise Exports from India Scheme has expanded product coverage to 7,914 eight digit HS items and now applies to all destination countries, with proof of landing dispensed to streamline compliance; MEIS incentives remain tiered and no increase is proposed due to fully allocated fiscal resources. The Service Exports from India Scheme, effective 1 April 2015, awards transferable duty credit scrips to notified service providers based on net foreign exchange earnings, usable against central duties including basic customs duty, and covers nine broad service sectors. News - Mon, 28 Nov 2016 18:03:54 +0530 https://www.taxtmi.com/news?id=16978