MEIS LICENSE -EOU UNIT

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..... MEIS LICENSE -EOU UNIT
Query (Issue) Started By: - KULDEEP SINGH Dated:- 2-10-2017 Last Reply Date:- 8-10-2017 Other Topics
Got 4 Replies
Indian Laws
Dear Team , We are EOU unit and now .....

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..... we got MEIS License ,could you please guide me the uses of these license? Can we use these license towards payment of IGST on import so that our funds do not block. We are also selling scrap. We are .....

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..... generating domestic invoice for the same. We mention custom duty and cess payable on invoice which has to be paid monthly. Whether we can debit the custom duty and cess payable generated on scrap sale .....

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..... s against these license. Please confirm. Reply By Himansu Sekhar: The Reply: Meis license can be used for customs duty. It cannot used for igst. This view may be examined. Reply By MUKUND THAKKAR: .....

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..... The Reply: Use of MEIS is restricted any GST payments as well as custom duty payment expect in case of Import you can utilized for BCD payment only. Reply By Himansu Sekhar: The Reply: Yes, I also .....

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..... agree. Reply By Kishan Barai: The Reply: New FTP with amendments are yet to come. Waiting for a change in it...
Discussion Forum - Knowledge Sharing .....

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