In the new Foreign Trade Policy-2015-2020, with effect from 1.4.2015, Merchandise Exports from Indian Scheme (in short, also known as MEIS) has been announced by the Government. It not only replaces five similar incentive schemes (Focus Product Scheme (FPS)/ Market Linked Focus Product Scheme (MLFPS)/ Focus Market Scheme (FMS)/ Agri. Infrastructure Incentive Scrip (AIIS)/ Vishesh Krishi Gramin Udyog Yojana (VKGUY), available under the Foreign Trade Policy 2009-2014, but it rationalize the incentives under the erstwhile Schemes, removes various kind of restrictions and significantly enlarge the scope of the earlier schemes. Unlike earlier Schemes, this scheme has been made applicable to exports made by SEZ units.
An Application for claiming rewards under MEIS on Exports, shall be filed on line, using digital signature, in ANF 3A.The relevant shipping Bills and e- BRC shall be linked with the on line application. In case application is filed for export made through EDI ports, then hard copy of the following documents needs not be submitted to RA, hard copy of application to DGFT, EDI shipping Bills, electronic Bank realization certificate (e- BRC) and RCMC, however in case of Non EDI port said documents needs be submitted to RA. The applicant shall submit the proof of landing in the manner prescribed in Para 3.03 of Hand book procedures of FTP 2015-20. However exports effect from 4th of May 2016 Landing Certificates not required.
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