TMI BlogCan EOU get FPS , FMS , MLFPS benifitX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear sir, As per New FTP 2015-2020 Can EOU get FPS , FMS and MLFPS benefit ? If yes , what condition will be imposed in FTP . Thanks and Regards, SNEHAL SHAH - Reply By YAGAY AND SUN - The Reply = Dear Snehal, All these FPS, FMS and MLFPS has been subsumed in MEIS. According to the para 3.06 of the FTP 2015-2020 following are the ineligible categories under MEIS. 3.06 Ineligibl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e categories under MEIS The following exports categories /sectors shall be ineligible for Duty Credit Scrip entitlement under MEIS (i) EOUs / EHTPs / BTPs/ STPs who are availing direct tax benefits / exemption. (ii) Supplies made from DTA units to SEZ units (iii) Export of imported goods covered under paragraph 2.46 of FTP; (iv) Exports through trans-shipment, meaning thereby exports that ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... are originating in third country but trans-shipped through India; (v) Deemed Exports; (vi) SEZ/EOU/EHTP/BPT/FTWZ products exported through DTA units; (vii) Items, which are restricted or prohibited for export under Schedule-2 of Export Policy in ITC (HS), unless specifically notified in Appendix 3B. (viii)Service Export. (ix) Red sanders and beach sand. (x) Export products which are subject ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to Minimum export price or export duty. (xi) Diamond Gold, Silver, Platinum, other precious metal in any form including plain and studded jewellery and other precious and semi-precious stones. (xii) Ores and concentrates of all types and in all formations. (xiii) Cereals of all types. (xiv) Sugar of all types and all forms. (xv) Crude / petroleum oil and crude / primary and base products of a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ll types and all formulations. (xvi) Export of milk and milk products. (xvii)Export of Meat and Meat Products. (xviii)Products wherein precious metal/diamond are used or Articles which are studded with precious stones. (xix) Exports made by units in FTWZ. This is for your kind information. Regards, YAGAY and SUN (Management, Business and Indirect Tax Consultants) - Reply ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... By SNEHAL SHAH - The Reply = Sir , First Thanks to you for reply . Can EOU Job work of DTA materials ( Purchase under advance license ) , if yes what procedure . Thanks and Regards, SNEHAL SHAH - Can EOU get FPS , FMS , MLFPS benifit - Query Started By: - SNEHAL SHAH Dated:- 4-4-2015 Customs - Import - Export - Customs - SEZ - Got 2 Replies - Customs - Discussion Forum - Knowledge Sha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ring, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|