What is MEIS?  (Merchandise Export From India Scheme) 


As a neighborhood of Exports from India Schemes, the govt. of India has brought within the MEIS, replacing five other similar incentive schemes presented within the sooner Foreign national trading policy 2009-2014.

  Schemes that are replaced by the Merchandise Exports from India Scheme are listed below:
 1. Focus Product Scheme (FPS)
 2. Focus Market Scheme (FMS)
 3. Market Linked Focus Product Scheme (MLFPS)
 4. Infrastructure incentive scheme
 5. Vishesh Krishi Gramin Upaj Yojana (VKGUY)
According to this FTP, the MEIS scheme is introduced with an aim to rationalise the incentives and enlarges exporter’s scopes by removing various restrictions.
Objective of MEIS

 The aim of Merchandise Exports from India Scheme (MEIS) is to offset infrastructural inefficiencies and associated costs involved within the export of products or products, which are produced or manufactured in our country, especially products having high export intensity, employment potential and to reinforce India’s export competitiveness within the world market.
MEIS-Rewards Rate
Rewards under MEIS schemes are payable as a percentage (2, 3 or 5% ) of realised FOB value of covered export, by way of the MEIS scheme duty credit scrip. 

 The Merchandise Exports from India Scheme (MEIS) rewards rates are explained in Appendix 3B of Customs Act 1962. ITC (HS) code wise list of products with reward rates under Merchandise

  Exports from India Scheme (MEIS) is given within the documents attached here:
Calculation of Reward

 The basis of calculation of MEIS reward would get on realised free on board (FOB) value of export in free exchange , or on FOB value of commodities as given in the Shipping Bills in freely convertible foreign currencies.

  From these two, the lower cost will be taken for the calculation.

 Rewards for Export of products through Courier or Foreign Post Offices using e-Commerce

 The following six commodities exported by Post /Courier through e-commerce are eligible for a gift under the MIES

  Handicraft Items or Products
 Handloom Products
 Books/Periodicals
 Leather Footwear
 Toys
 Customised Fashion Garments
Reward Rate for Export of Commodities using e-Commerce
The exports of products through courier or foreign post office using e-commerce of FOB value up to Rs.25000 per consignment are becoming to be entitled to rewards under MEIS.

  If the worth of exports using the e-commerce platform is kind of Rs.25000 per consignment, then MEIS reward are becoming to be limited to FOB value of Rs.25000 only.

  Goods/Products are often exported in manual mode through Foreign Post Offices at New Delhi , Chennai and Mumbai.

  Export of such goods under Courier Regulations are going to be allowed manually on a pilot basis through airports at Mumbai, Delhi and Chennai as per appropriate amendments in regulations to be made by Department of Revenue. 

 Department of Revenue will fast-track the implementation of Electronic Data Interchange (EDI) mode at courier terminals.
Note: The Customized Fashion Garments are garments that are made on a selected request or order of the customer and accordingly tailored or manufactured.Ineligible Exports Categories under MEIS

 The following exports categories or sectors won't be eligible for Duty Credit Scrip entitlement under MEIS consistent with Foreign national trading policy.
1. Export Oriented Units (EOUs) or Electronics Hardware  
    Technology Park (EHTP) Scheme or BTPs or STPs who 
    are availing tax benefits or exemption
2. Supplies made up of Domestic Tariff Area (DTA) units to        Special Economic Zone (SEZ) units
3. Exports through trans-shipment – Exports that are originating within the third country but transshipped via India
4. SEZ/EHTP/EOU/BPT/FTWZ products exported through the Domestic Tariff Area (DTA) units
5. Deemed Exports
6. Items, which are prohibited or restricted for export under Schedule-2 of Export Policy in ITC (HS), unless specifically notified in Appendix 3B (refer above-attached document)
7. Service Export
8. Export products/goods which are subject to Minimum export price or duty 
9. Red sanders and beach sand
10.Diamond, Gold, Silver, Platinum or the other valuable in any form including plain and studded jewellery and other precious and semi-precious stones.
11. Crude or Petroleum (primary and base) products of all type and every one formulation
12.Cereals of all types
13. Ores and concentrate of all kinds and altogether formations
14. Sugar of all type and all form
15. Export of Meat and Meat Products
16. Export of milk and milk products
17. Products wherein valuable or diamond are used or Articles which are studded with precious stones
18. Exports made by units in trade and Warehousing Zones (FTWZ).
19. Export of imported goods covered under Foreign Trade Policy 
Documents Required for MEIS Application
To get a MEIS reward, the exporter must submit Proof of landing documents. As proof of landing of export consignment in notified Market, the exporter may file any of the subsequent documents:
  •  A self-attested copy of the import bill of entry filed by the importer in the specified market
  •  The delivery order issued by port authorities
  •  Arrival notice issued by goods carrier
  •  Tracking report from the products carrier (shipping lines or airlines or his accredited agent in India)
  •  Evidence of arrival of export cargo to destination Market
  •  For Landlocked notified Market, Rail or Lorry receipts of transportation of goods from Port to Landlocked notified Market
  •  Proof of the other documents that products/goods have landed in or reached the notified market.