Circular No. ES/51 /2017-18 May 26, 2017
To: Members of the Council
Sub: Regarding MEIS application
DGFT has issued Trade Notice No. 2 dated 24.04.2017 regarding MEIS application.
It has been noticed by the Office of ADGFT, Mumbai that exporters are claiming their MEIS benefit on full FOB value by indicating 0,0,0, against column mentioned in MEIS application relating to Commission, Insurance & Freight.
Now, exporters are directed to submit their application of MEIS claim by indicating Commission, Insurance & Freight in the relevant column of MEIS application.
Also please note that whoever in the past, has claimed MEIS benefit including CIF value has to refund the excess claim of MEIS by indicating details viz. File Number, MEIS Licence Number, Value etc. to avoid any action under Foreign Trade (Development & Regulation) Act, 1992.
This is for your information and doing the needful.