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TMI BlogMEIS LICENSE -EOU UNITX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Team , We are EOU unit and now 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 bloc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... k. We are also selling scrap. We are 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 an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d cess payable generated on scrap sales 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 m ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ay be examined. - Reply By MUKUND THAKKAR - 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. - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Reply By Himansu Sekhar - The Reply = Yes, I also agree. - Reply By Kishan Barai - The Reply = New FTP with amendments are yet to come. Waiting for a change in it... - MEIS LICENSE -EOU UNIT - Q ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uery Started By: - KULDEEP SINGH Dated:- 2-10-2017 Other Topics - Got 4 Replies - Indian Laws - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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
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