FTP - Declaration of intent under Merchandise Exports from India Scheme (MEIS)
DGFT by Public Notice No. 40 dated 09th October 2015, had prescribed a procedure to be followed for claiming rewards under MEIS where exports had been made through EDI generated shipping bills between 01.04.2015 to 31.05.2015 and the exporter had inadvertently marked ‘N' in the "reward item box" and wished to seek MEIS benefit.
Subsequently representations have been received from exporters and trade & industry that such procedure should also be made applicable to exports made beyond 31.05.2015.
Now DGFT clarifies that Shipping bills, where declaration of intent ‘Y' has not been marked and ‘N' has been ticked inadvertently in the ‘reward item box' while filing shipping bills in Customs for exports made between 01.06.2015 to 30.09.2015, shall be transmitted by CBEC to DGFT.
DGFT Public Notice No. 47/2015-20., Dated December 08, 2015