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Exports of notified goods/products with ITC[HS] code, to notified markets as listed in Appendix 3B least being 2% of F.O.B., shall be rewarded under MEIS. Appendix 3B also lists the rate(s) of rewards on various notified products [ITC (HS) code wise].

  • The basis of calculation of reward would be on realised FOB value of exports in free foreign exchange, or on FOB value of exports as given in the Shipping Bills in free foreign exchange, whichever is less, unless otherwise specified.
  • Wherever the reward under MEIS is available to all countries, proof of landing shall not be required to be submitted for claiming the reward.
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