MEIS BENEFIT FOR INT TRANSACTION

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....EIS BENEFIT FOR INT TRANSACTION<br> Query (Issue) Started By: - DEVIDAS DHUMAL Dated:- 17-4-2017 Last Reply Date:- 3-5-2017 Customs - Exim - SEZ<br>Got 3 Replies<br>Customs<br>Dear Sir , We expecting....

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.... order from UAE, Customer is ready to issue order in INR with LC. Can we do such transaction & we will get the MEIS benefit for said transaction. We checked with bank , bank will issue e-brc in INR Cu....

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....rrency . Kindly advise us with details document prcoess. Reply By CS SANJAY MALHOTRA: The Reply: Dear, Benefit of MEIS is eligible subject to realisation of payment in INR through VOSTRO account. ....

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.... Reply By Kishan Barai: The Reply: Government provide export incentives like DBK & MEIS only if you do a deal in foreign currency, because that benefit the most for our country leads to providing you....

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.... incentives. In case of INR : MEIS is eligible subject to realisation of payment in INR through VOSTRO account only as quoted in above reply. Reply By raghunandhaanan r vi: The Reply: MEIS benefit ....

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....is available to exporter only if export proceeds realized are in free foreign exchange<br> Discussion Forum - Knowledge Sharing ....