Exports to nepal and bhutan- export benefits?

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
25 May 2016 We are exporting engineering goods to Bhutan and Nepal and receiving payment in INR. Can we claim export benefits against such exports under chapter 3 of FTP. A plain reading of the MEIS scheme focuses on free foreign exchange (para 3.04). Kindly advice

27 July 2016 As mentioned in Paragraph 3.04 of Foreign Trade Policy 2015-2020, the reward under MEIS is admissible on the FOB value of exports realized in Free Foreign Exchange only.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
27 July 2016 Thank You Sir. That Means no incentive if payment is made in INR.

28 July 2016 Yes.You are correct.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
14 July 2026
Senior Executive/ Manager

H S SHARMA AND CO

Pune

CA Final

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
16 July 2026
Manager - Finance & Accounts

Aliens Group

Hyderabad

CA Final

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
ARTICLESHIP 08 July 2026
Article internship

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
Featured 18 July 2026
CA Articleship

apricus india

Mumbai

CA Inter

View Details