5% MEIS for Non Basmati Rice for Four Months

·    Valid from 26 Nov 2018 to 25 Mar 2019 to Boost Falling Exports Price

·    Bangladesh Reaps Bumper Harvest, Demand Falls

[DGFT Public Notice No. 49/2015-2020 dated 22 November 2018]

Effect of this Public Notice: Non Basmati rice items have been made eligible for MEIS benefits at the rate of 5% for exports made with effect from 26.11.2018 and upto 25.03.2019.

Subject: Amendments in the Appendix 3B, Table 2 of the Merchandise Exports from India Scheme (MEIS)

In exercise of powers conferred under paragraph 1.03 of the Foreign Trade Policy (2015-2020), the Director General of Foreign Trade hereby makes the following amendments in the Appendix 3B, Table 2, as amended from time to time.

2. The following HS Codes are added in the MEIS Appendix 3B, Table 2 for the period and for the rate as mentioned in column 4 of the table below.

MEIS Sl No.

HS Code

Description

MEIS rate for exports made w.e.f. 26.11.2018 and upto 25.03.2019

(1)

(2)

(3)

(4)

8053

10062000

Husked (brown ) rice

5%

8054

10063010

Rice, parboiled

5%

8055

10063090

Other

5%

8056

10064000

Broken Rice

5%

(Issued from File no. 01/61/1801154/AM19/PC-3)