Circular No. ES/ 44 /2018-19 May 2, 2018
To: Members of the Council
Sub: Amendments in Table 2 of Appendix 3B of Foreign Trade Policy 2015-20
Dear Member,
DGFT has issued Public Notice No.2/2015-2020 dated 1st May, 2018 by making amendments in the MEIS Rates in Table 2 of Appendix 3B of Foreign Trade Policy 2015-20 which was notified through Public Notice No.02/2015-20 dated 1st April, 2015 and harmonized with HS (2017) and other Public Notices subsequently.
Please note that some MEIS entries classified under the Handicrafts Sector are included for enhanced benefit under the Merchandise Exports from India Scheme (MEIS), for the exports made in the period 01.11.2017 to 30.06.2018.
Relevant Extract of the amendments are given below for your kind information:
Sr.No. |
Sr.No. as per MEIS List Appendix 3B, Table 2 |
Handicraft Flag |
ITC (HS) Code as per ITC HS 2017 |
Description |
Earlier MEIS Rate |
MEIS Rate from 1st November, 2017 to 30th June, 2018 |
(1) |
4030 |
Handicraft Flag |
61171040 |
Of man-made fibres |
5% |
7% |
(2) |
3773 |
Handicraft Flag |
58043000 |
Hand-made lace |
5% |
7% |
(3) |
4199 |
Handicraft Flag |
62141020 |
Shawls, scarves (exceeding 60 cms) and the like |
5% |
7% |
Members may please make a note of the above.
Thanking you,
Yours faithfully
S.BALARAJU
EXECUTIVE DIRECTOR