Government eases norms for export benefits under MEIS

Q.  Government has eased norms for exporters under which scheme?
- Published on 06 May 16

a. Merchandise Exports India Scheme
b. Merchant Export India Scheme
c. Mutual Export India Scheme
d. All of the above

ANSWER: Merchandise Exports India Scheme
 
Government has eased norms for availing export benefits under MEIS. Exporters have been relieved from submitting certificate of goods to avail benefits under the MEIS aimed at ease of doing business.
  • This scheme covers 5012 lines or products and 2787 lines are required for submission of proof of landing as reward is not there for all markets
  • Therefore, landing certificate will not be required for all markets under MEIS
  • Move is aimed at improving ease of doing business.

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