Export from India Schemes
Merchandise Exports from India Scheme
(MEIS)
Earlier there were 5 different schemes (Focus
Product Scheme, Market Linked Focus
Product Scheme, Focus Market Scheme, Agri.
Infrastructure Incentive Scrip, VKGUY) for
rewarding merchandise exports with
different kinds of duty scrips with varying
conditions (sector specific or actual user
only) attached to their use.
Now all these
schemes have been merged into a single
scheme, namely Merchandise Export from
India Scheme (MEIS) and there would be no
conditionality attached to the scrips issued
under the scheme. The main features of MEIS,
including details of various groups of
products supported under MEIS and the
country groupings are at Annexure-1.
Notified
goods exported to notified markets would be
rewarded on realised FOB value of exports.
Category A: Traditional Markets (30) -
European Union (28), USA, Canada.
Category B: Emerging & Focus Markets
(139), Africa (55), Latin America and Mexico
(45), CIS countries (12), Turkey and West
Asian countries (13), ASEAN countries (10),
Japan, South Korea, China, Taiwan,
Category C: Other Markets (70).
