Limit imposed on total rewards under Merchandise Exports from India Scheme

News: Government of India has decided to cap export incentives under Merchandise Exports from India Scheme(MEIS) at Rs.2 crore per exporter on outbound shipments made during September-December, 2020. Facts: Merchandise Exports From India Scheme(MEIS): It was introduced in the Foreign Trade Policy (FTP) 2015-20. Objective: To offset infrastructural inefficiencies and associated costs involved in exporting… Continue reading Limit imposed on total rewards under Merchandise Exports from India Scheme