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Understanding the MEIS License: A Gateway to Export Benefits in India The Merchandise Exports from India Scheme (MEIS) is a pivotal instrument for exporters in India, offering substantial benefits and addressing several inefficiencies and associated costs in the export sector. Instituted by the Directorate General of Foreign Trade (DGFT), the MEIS license is part of […]

The exportation of goods and services stands as a crucial source of foreign exchange earnings, an essential element of a nation’s internal revenue. Developing a robust economy and the city to produce goods that appeal to international markets are prerequisites for successful exporting. Hence, leading exporters often command a substantial market presence in their own […]

ICEGATE, short for Indian Customs EDI (Electronic Data Interchange) gateway, is the national portal of the Indian Customs, operated by the Central Board of Indirect Taxes and Customs (CBIC). This government website facilitates the electronic filing of documents for exporters, cargo service providers, and other stakeholders involved in exports and customs processes. The primary objective […]

Summary The Foreign Trade Policy 2023 is a comprehensive policy framework announced by the Directorate General of Foreign Trade, Department of Commerce, Government of India. Its key objective is to promote India’s exports and enhance its competitiveness in the global market. The policy is designed to be dynamic and responsive to the emerging trade scenario, […]

Duty Credit Scrips (DCS) Explained Duty Credit Scrip (DCS) is an export promotion benefit the Government of India provides under the Foreign Trade Policy (FTP). These incentives aim to encourage exporters to increase foreign exchange inflow into India. A DCS offers tax incentives on exports, allowing exporters to offset their import duties. It is issued […]

The Government of India facilitates Exports from India through various export incentive schemes. In this article, we will delve into the different export schemes in India and explore the benefits they offer exporters. India boasts many exporters and businesses engaged in international trade, including the increasingly popular e-commerce exports. From exquisite leather goods and toys […]

Explaining the Purpose and Benefits of the Scheme for Rebate of State and Central Taxes and Levies on Export of Garments and Made-ups (RoSCTL) Introduction RoSCTL or the Rebate of State and Central Taxes and Levies on the Export of Garments and Made-ups is a government initiative to enhance the competitiveness of the apparel and […]

Explaining the purpose, objectives, and key features of the Remission of Duties or Taxes on Export Products Scheme   Introduction RoDTEP, or the Remission of Duties or Taxes on Export Products scheme, is a new initiative introduced by the Government of India to offer relief to exporters by neutralizing the taxes and duties suffered on […]