TIOL-DDT 2621 · Wednesday, 17 June 2015 · story 4 of 7

Customs - MEIS - Ineligible Items

AS per Notification No. 24/2015 - Cus, dated 8.4.2015, goods imported into India against a duty credit scrip issued by the Regional Authority under the Merchandise Exports from India Scheme (MEIS) are exempted.

There is a list of Export categories or sectors ineligible for duty credit scrip entitlement.

Now, the Government has amended the list to make certain changes to include items, which are prohibited for export under Schedule-2 of Export Policy in ITC (HS), in the negative list and to add a clause unless specifically notified in Appendix 3B of Appendices and Aayat Niryat Forms of Foreign Trade Policy 2015-2020, for certain items.

Now this notification was issued yesterday evening and most probably the Directorate of Publicity and Public Relation is not aware of this - yet.

When will the notification come into force?

Notification No., Dated: June 15, 2015

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