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TMI BlogRegarding implementation of Merchandise Export from India Scheme (MEIS) under FTP 2015-2020X X X X Extracts X X X X X X X X Extracts X X X X ..... st a duty credit scrip issued by the Regional Authority under the Merchandise Exports from India Scheme in accordance with paragraph 3.04 read with paragraph 3.05 of the Foreign Trade Policy (hereinafter referred to as the said scrip) from,- (a) the whole of the duty of customs leviable thereon under the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as said Customs Tariff Act); and (b) the whole of the additional duty leviable thereon 6 [under sub-sections (1), (3) and (5) of section 3] of the said Customs Tariff Act. 9 [ Provided that the said scrip, against which goods when imported into India are exempted from duties mentioned in clauses (a) and (b) above, may include duty ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r a Special Economic Zone notified under section 4 of the Special Economic Zones Act, 2005 (28 of 2005): Provided that the Commissioner of Customs may within the jurisdiction, by special order, or by a Public Notice, and subject to such conditions as may be specified by him, permit import and export through any other sea-port, airport, inland container depot or through any land customs station: Provided further that the exports of notified goods or products transacted through e-commerce platform as listed in Appendix 3C of Appendices and Aayat Niryat Forms of Foreign Trade Policy 2015-2020 are undertaken either 8 [ through international courier terminals or through such foreign post offices, as notified by the Central Governme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... fit under this notification shall not be available to the items listed in Appendix 3A of Appendices and Aayat Niryat Forms of Foreign Trade Policy 2015-2020. Explanation. - In this notification - (I) Capital goods has the same meaning as assigned to it in paragraph 9.08 of the Foreign Trade Policy; (II) Foreign Trade Policy means the Foreign Trade Policy, 2015-2020 , published by the Government of India in the Ministry of Commerce and Industry notification number 01/2015-2020, dated the 1st April 2015 as amended from time to time; (III) Goods means any inputs or goods including capital goods; (IV) ITC (HS) has the same meaning as assigned to it in paragraph 9.27 of the Foreign Trade Policy ; (V) Regio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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; 2 [xiv Sugar of all types and all forms, unless specifically notified in Appendix 3B of Appendices and Aayat Niryat Forms of Foreign Trade Policy 2015-2020;] xv Crude/ petroleum oil and crude/primary and base products of all types and all formulations; 3 [xvi Export of milk and milk products, unless specifically notified in Appendix 3B of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d 15-6-2015, before it was read as, xvii Export of Meat and Meat products; 5. Inserted vide Not. 38/2015 - Dated 15-6-2015 6. Substituted vide Not. 26/2017 - Dated 29-6-2017 , 1st day of July, 2017 , before it was read as. under section 3 7. Substituted vide Notification No. 63/2018-Customs dated 18-09-2018 before it was read as (b) against exports of notified goods or products transacted through e-commerce platform as listed in Appendix 3C of Appendices and Aayat Niryat Forms of Foreign Trade Policy 2015-2020 . In such cases the maximum free on board value, for calculation of duty credit amount, shall not exceed ₹ 25,000 per consignment; 8. Subs ..... X X X X Extracts X X X X X X X X Extracts X X X X
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