The Ministry of Commerce & Industry, Government of India has time and again introduced several schemes for Exporters and Importers to boost cross-border trade.

It is often noticed that the exporters claim financial incentives granted under the schemes like Merchandise Exports from India Scheme (MEIS), Service Exports from India Scheme (SEIS), Advance Authorization Scheme (AA) etc. However, there are several non-financial benefits laid down under the Foreign Trade Policy, 2015-20 (FTP) or separately which are often resorted to by Exporters and Importers.

In this regard, please find enclosed ‘NITYA Insight’ about such (lesser known) schemes.

NITYA I Issue 131 I Non-financial benefits available to Exporters and Importers