MEIS incentive rates increased to 4 % W.e.f. 01.11.2017 to boost textile sector

To be published in the Gazette of India Extraordinary Part-I, Section (I)

Government of India

Ministry of Commerce & Industry

Department of Commerce

Udyog Bhawan, New Delhi

Public Notice 12.12015-2020

Dated the 24th November , 2017

Subject: Amendment in Appendix 3B of the Foreign Trade Policy 2015-2020

In exercise of powers conferred under paragraph 1.03 of the Foreign Trade Policy 2015-2020. Director General of Foreign Trade hereby makes the following amendment in the Table 2 of the Appendix 38 (Notified through Public notice 61 dated 07.03.2017 and subsequently amended through Public Notice 17 dated 22.08.2017 and Public Notice 22 dated 31.08.2017).

 2. MEIS rates for the following ITe HS Codes are enhanced as per column 4. however, these rates shall be valid from 01.11.2017 to 30.06.2018.

Whole Text of Notification can be accessed here 

Effect of this Notification: MEIS incentive rates for certain items in the Appendix 3B has been increased From 2%to 4 % W.e.f. 01.11.2017 and only upto 30/06/2018

Alok Vardhan Chaturvedi

Directorate General of Foreign Trade

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