MEIS - claim under Vostro account in INR

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..... SEZ development commissioner is refusing to give MEIS for exports made under vostro account in INR. A bank certificate also submitted stating that the amount received from Vostro account and the same is also endorsed on e-BRC. - Reply By YAGAY and SUN - The Reply = Please check para 2.52 of the FTP 2015-2020 Mid Term Review in this connection. - Reply By Kishan Barai - The Reply = Yes, yo .....

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..... u will get. - Reply By MILIND MUNGIKAR - The Reply = We also know that we will get MEIS but the Development Commissioner is refusing.Is their any NOTIFICATION avaialble from DGFT which clarly states that MEIS is eligible if payment received through Vostro account. - Reply By YAGAY and SUN - The Reply = Sorry We could not find out any such Notification. However, you may approach to DGFT and rep .....

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..... resent your matter to him. - Reply By Kishan Barai - The Reply = Kindly understand, words written on FTP should be considered as words written on stone. If FTP permits payment realization in INR via Vastro Account, no one can challenge / obstruct incentives. Moreover we ask counter question that can any one provided nortification / circular stating that MEIS would not be given if payment real .....

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..... ization in INR ?? Please try to understand that MILIND MUNGIKAR Ji please ask counter question to customs / DGFT. - Reply By KASTURI SETHI - The Reply = There is an iota of doubt after crystal clear replies by both experts. No requirement of notification or circular in this context. - MEIS - claim under Vostro account in INR - Query Started By: - MILIND MUNGIKAR Dated:- 29-5-2018 Other Top .....

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..... ics - Got 6 Replies - Indian Laws - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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