Merchandise Exports from India Scheme (MEIS)

As part of Exports from India Schemes, the Government of India has brought in the MEIS, replacing five other similar incentive schemes presented in the earlier Foreign Trade Policy 2009-2014. Schemes that have been replaced by the Merchandise Exports from India Scheme are listed below:

Focus Product Scheme (FPS)
Focus Market Scheme (FMS)
Market Linked Focus Product Scheme (MLFPS)
Infrastructure incentive scheme
Vishesh Krishi Gramin Upaj Yojana (VKGUY)
According to the present 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 in export of goods or products, which are produced or manufactured in our country, especially products having high export intensity, employment potential and to enhance India’s export competitiveness in 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.

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

The following six commodities exported by Post /Courier through e-commerce are eligible for a reward 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 goods through courier or foreign post office using e-commerce of FOB value up to Rs. 25000 per consignment will be entitled to rewards under MEIS.

If the value of exports using the e-commerce platform is more than Rs.25000 per consignment, then MEIS reward will be limited to FOB value of Rs.25000 only.
Goods/Products can be exported in manual mode through Foreign Post Offices at New Delhi, Chennai and Mumbai.
Export of such goods under Courier Regulations will 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 specific request or order of the customer and accordingly tailored or manufactured.

Ineligible Exports Categories under MEIS

The following exports categories or sectors will not be eligible for Duty Credit Scrip entitlement under MEIS according to Foreign Trade Policy.

Export Oriented Units (EOUs) or Electronics Hardware Technology Park (EHTP) Scheme or BTPs or STPs who are availing direct tax benefits or exemption
Supplies made from Domestic Tariff Area (DTA) units to Special Economic Zone (SEZ) units
Exports through trans-shipment – Exports that are originating in the third country but transshipped via India
SEZ/EHTP/EOU/BPT/FTWZ products exported through Domestic Tariff Area (DTA) units
Deemed Exports
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)
Service Export
Export products/goods which are subject to minimum export price or export duty
Red sanders and beach sand
Diamond, Gold, Silver, Platinum or any other precious metal in any form including plain and studded jewellery and other precious and semi-precious stones.
Crude or Petroleum (primary and base) products of all type and all formulation
Cereals of all types
Ores and concentrate of all types and in all formations
Sugar of all type and all form
Export of Meat and Meat Products
Export of milk and milk products
Products wherein precious metal or /diamond are used or Articles which are studded with precious stones
Exports made by units in Free Trade and Warehousing Zones (FTWZ).
Export of imported goods covered under Foreign Trade Policy (refer the document attached below)


Documents & Process

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