CUSTOMS NOTIFICATIONS ON NEW MEIS AND SEIS
Merchandise
Exports from India Scheme (MEIS) Customs Notification – Zero Duty
[Ref: Notification
No. 24/2015 – Customs dated 8 April 2015]
In
exercise of the powers conferred by sub-section (1) of section 25 of the
Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it
is necessary in the public interest so to do, hereby exempts goods when
imported into India against a duty credit scrip issued by the Regional
Authority under the Merchandise Exports from India Scheme in accordance with
paragraph 3.04 read with paragraph 3.05 of the Foreign Trade
Policy (hereinafter referred to as the said scrip) from,-
(a) the whole of the duty
of customs leviable thereon under the First Schedule
to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as said
Customs Tariff Act); and
(b) the whole of the
additional duty leviable thereon under section 3 of
the said Customs Tariff Act.
2. The exemption shall be subject to the
following conditions, namely:-
(1) that the duty credit
in the said scrip is issued -
(a) against exports of notified goods or products
to notified markets as listed in Appendix 3B of Appendices and Aayat Niryat Forms of Foreign
Trade Policy 2015-2020;
(b) against exports of
notified goods or products transacted through e-commerce platform as listed in
Appendix 3C of Appendices and Aayat Niryat Forms of Foreign Trade Policy 2015-2020. In such
cases the maximum free on board value, for calculation of duty credit amount,
shall not exceed Rs.25,000 per consignment;
(2) that the export
categories or sectors specified in paragraph 3.06 of the Foreign Trade Policy
and listed in Table annexed hereto shall not be counted for calculation of
export performance or for computation of entitlement under the scheme;
(3) that the imports and exports are undertaken
through the seaports, airports or through the inland container depots or
through the land customs stations as mentioned in the Table 2 annexed to the
Notification No. 16/2015- Customs dated 01.04.2015 or a Special Economic
Zone notified under section 4 of the Special Economic Zones Act, 2005 (28 of
2005):
Provided
that the Commissioner of Customs may within the jurisdiction, by special order,
or by a Public Notice, and subject to such conditions as may be specified by
him, permit import and export through any other sea-port, airport, inland container depot or through any land customs station:
Provided
further that the exports of notified goods or products transacted through
e-commerce platform as listed in Appendix 3C of Appendices and Aayat Niryat Forms of Foreign
Trade Policy 2015-2020 are undertaken either through the courier mode from
airports at Chennai, Mumbai or Delhi or through the Foreign Post Offices at
Chennai, Mumbai or New Delhi;
(4) that the said scrip
is registered with the Customs Authority at the port of registration specified
on the said scrip;
(5) that the said scrip is produced before the
proper officer of customs at the time of clearance for debit of the duties leviable on the goods and the proper officer of customs
taking into account the debits already made under this exemption and debits
made under the notification Nos. 20/ 2015 - Central Excise, dated
the 8th April, 2015 and 10/ 2015 -Service Tax, dated the 8th
April, 2015, shall debit the duties leviable
on the goods, but for this exemption;
(6) that the said scrip
and goods imported against it shall be freely transferable;
(7) that where the importer does not claim
exemption from the additional duty of customs leviable
under section 3 of the said Customs Tariff Act, he shall be deemed not to have
availed the exemption from the said duty for the purpose of calculation of the
said additional duty of customs;
(8) that the importer
shall be entitled to avail of the drawback of the duty of customs leviable under the First Schedule to the said Customs
Tariff Act against the amount debited in the said scrip;
(9) that the importer shall be entitled to avail
drawback or CENVAT credit of additional duty leviable
under section 3 of the said Customs Tariff Act against the amount debited in
the said scrip;
(10) that the benefit
under this notification shall not be available to the items listed in Appendix
3A of Appendices and Aayat Niryat
Forms of Foreign Trade Policy 2015-2020.
Explanation. - In
this notification -
(I) "Capital goods" has the same
meaning as assigned to it in paragraph 9.08 of the Foreign Trade
Policy;
(II) "Foreign Trade Policy" means the
Foreign Trade Policy, 2015-2020, published by the Government of India in the
Ministry of Commerce and Industry notification number 01/2015-2020, dated the 1st
April 2015 as amended from time to time;
(III) "Goods" means any inputs or goods
including capital goods;
(IV) “ITC (HS)” has the same meaning as assigned to
it in paragraph 9.27 of the Foreign Trade Policy;
(V) “Regional Authority” means the Director
General of Foreign Trade appointed under section 6 of the Foreign Trade
(Development and Regulation) Act, 1992 (22 of 1992) or an officer authorised by him to grant an authorisation
including a duty credit scrip under the said Act.
Table |
|
Export
categories or sectors ineligible for duty credit scrip entitlement |
|
i |
EOUs /
EHTPs / BTPs /STPs who are availing direct tax benefits / exemption; |
ii |
Supplies
made from DTA units to SEZ units; |
iii |
Export
of imported goods covered under Para 2.46 of FTP; |
iv |
Exports
through transshipment, meaning thereby that exports originating in third
country but transshipped through India; |
v |
Deemed
Exports; |
vi |
SEZ/EOU/EHTP/BPT/FTWZ
products exported through DTA units; |
vii |
Items,
which are restricted or prohibited for export under Schedule-2 of Export
Policy in ITC (HS), unless specifically notified in Appendix 3B of Appendices
and Aayat Niryat Forms of
Foreign Trade Policy 2015-2020; |
viii |
Service
Export; |
ix |
Red
sanders and beach sand; |
x |
Export
product which are subject to Minimum export price or export duty; |
xi |
Diamond,
Gold, Silver, Platinum, other precious metal in any form including plain and
studded jewellery and other precious and
semi-precious stones; |
xii |
Ores
and concentrates of all types and in all formations; |
xiii |
Cereals
of all types; |
xiv |
Sugar
of all types and all forms; |
xv |
Crude/
petroleum oil and crude/primary and base products of all types and all
formulations; |
xvi |
Export
of milk and milk products; |
xvii |
Export
of Meat and Meat products; |
xviii |
Products
wherein precious metal/diamond are used or Articles which are studded with
precious stones; and |
xix |
Exports
made by units in FTWZ. |
[F.No.605/55/2014-DBK]