The Merchandise Exports from India Scheme (MEIS) is a duty-free scheme for export of goods manufactured in India. It was launched on 1 April 2015. The scheme is applicable to all types of goods, except prohibited and restricted items, as listed in Schedule I and II of the Foreign Trade Policy 2012-2015. Merchandise exports from...
What is RoDTEP Scheme? The RoDTEP (Remission of Duties and Taxes on Export Products) came in effect from 1st January 2021 by replacing the earlier scheme MEIS which was not compliant with WTO norms. The newly launched RoDTEP Scheme is WTO compliant policy, the exporters can get the refund of all embedded duties/taxes on...
What is a Certificate of Origin (CoO) for export? A Certificate of Origin is the document that declares that goods in the export shipment are manufactured or produced in a particular country. The nationality of the product is mentioned in the certificate of origin. The Customs officials require the Certificate of Origin (CoO) for...