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Bros Before Whores

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Merchandise Export from Indian Scheme as per Foreign Trade Policy, 2015. I. Objective: * offset infrastructural inefficiencies and associated costs, * involved in export of goods/products manufactured in India, * to increase the export competitiveness.

II. Incentives available under MEIS: * Duty Credit Scrips in the form of shall be granted as rewards under MEIS, which will be ultimately used for: (i) Payment of Custom Duties for imports, except items listed in Appendix 3A. (ii) Payment of excise duties on domestic procurement of inputs or goods, including capital goods as per DoR notification. (iii) Payment of service tax on procurement of services as per DoR notification 58. (iv) Payment of Customs Duty and fee as per paragraph 3.18 of this Policy

* Exports of goods through courier or foreign post office using e-commerce, as notified in Appendix 3C, of FOB value upto Rs. 25000 per consignment will be entitled to benefits. * If the value of exports using e-commerce platform is more than Rs 25000 per consignment then MEIS reward would be limited to FOB value of Rs.25000 only. III. Conditions to be fulfilled to avail those benefits: * Notified goods/products * with ITC[HS] code, exports to notified markets * Listed in Appendix 3B. * Exports of notified goods/products with ITC[HS] code, to notified markets as listed in Appendix 3B.

Service Export from India Scheme (SEIS) I. Objective: encourage export of notified Services from India. II. Conditions to be fulfilled to avail those benefits: * All tradable services under General Agreement on Trade in Services as per para 9.50 * To fall under a "Service Provider" (i) Supply of a ‘service’ from India to any other country; (Mode1- Cross border trade) (ii) Supply of a ‘service’ from India to service consumer(s)

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