Govt extends duty benefit for export of Bengal gram
Team Udayavani, Mar 22, 2018, 5:24 PM IST
New Delhi: The government has extended for three months the duty benefit of seven per cent for export of Bengal gram under a scheme.
The benefit is provided under the Merchandise Exports from India Scheme (MEIS).
Under MEIS, the government provides duty benefits depending on product and country.
“The MEIS benefit is notified for Bengal gram for a period of three months for exports,” the Directorate General of Foreign Trade (DGFT) said in a public notice.
Rewards under the scheme are payable as percentage of realised free-on-board value and MEIS duty credit scrip can be transferred or used for payment of a number of duties including the basic customs duty.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
India not reaping benefits of democratic dividend: Raghuram Rajan
Markets slump for third day on fears of escalating tensions in Middle East; IT stocks drag
Tesla is planning to lay off 10 of its workers after dismal 1Q sales, multiple news outlets report
With just Rs 150 base airfare take a 50-minute flight
Byju’s founder Raveendran to take over firm’s daily operations after CEO Mohan’s resignation
MUST WATCH
Latest Additions
Vice Admiral Dinesh Kumar Tripathi to be new Navy Chief
LS polls PM Modi asks people to vote in record numbers
Our nerves got tested, says MI skipper Pandya after close win over PBKS
Lok Sabha Polls 2024: JD(S) & BJP will form coalition govt in Karnataka again: H D Kumaraswamy
Youth detained for Facebook threat to BJP MLA in Nashik