MEIS

DGFT extends deadline for exporters to submit applications for pending dues to Jan 31

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DGFT extends deadline for exporters to submit applications for pending dues to Jan 31

The government on Friday extended the last date for submitting applications to January 31, 2022 from December 31, 2021 for various export promotion schemes under the Foreign Trade Policy. The Directorate General of Foreign Trade (DGFT), in a notification, said that after January 31, 2022 no further applications would be allowed to be submitted and … Read more

Exports incentive scheme MEIS inefficient, failed to deliver, to be wound up year end: Sources

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Exports incentive scheme MEIS inefficient, failed to deliver, to be wound up year end: Sources

New Delhi: Merchandise Export from India Scheme (MEIS), a key incentive scheme for exports, will be wound up by December 31, 2020 as the government has found it to have failed to deliver and not yield the desired result of boosting exports which have hovered around $300 billion in the last five years despite its … Read more