Meis license

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we are exporter and against such export we get meis benefit in the form of license which can be sold or utilised against payment of customs.

so my question is if i have one meis license of Rs.500000/- and i have utilise Rs.200000/- against import custom duty payment so can i sale the balance Rs.300000/- license or i have to fully utilise it against future custom payments.

Replies (1)
You can sale the balance credit on profit or loss. Meis credit scrip can be used within two years of issue date of scrip.

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