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REGARDING FTP( FOREIGN TRADE POLICY) MEIS AND EPCG

JANAK TANNA (STUDENT) (90 Points)

09 May 2018

can we get MEIS licence on the basis of export we made to fulfill the export obligation EPCG licence??

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Ajit Hegde (CA - Final) (1367 Points)
Replied 09 May 2018

Yes. you can

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JANAK TANNA (STUDENT) (90 Points)
Replied 09 May 2018

so does it mean that same amount of export is considered for giving two benefits i.e of MEIS & EPCG licence?
is it fair to revenue and government treasury?
please explain sir

Ajit Hegde (CA - Final) (1367 Points)
Replied 09 May 2018

Are you bothered about the govt policy ? Both are for encouraging exports. Both are different.

You must understand EPCG is for one time investment and MEIS is for continuous support.

JANAK TANNA (STUDENT) (90 Points)
Replied 09 May 2018

ok sir thanks a lot for quick response. thank you

CS M Pota (Company Secreatary) (3186 Points)
Replied 04 July 2018

Dear Janak

You may claim MEIS on the same export effected towards fulfilment of export obligation undertaken against Advance Authorisation and EPCG licence too.So your single export will give you triple benefits.

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JANAK TANNA (STUDENT) (90 Points)
Replied 04 July 2018

thanks cs malay ji for detailed explanation