• MEIS stands for Merchandise Exports from India Scheme.
• This scheme was introduced with an objective to promote the export of goods from India by providing incentives in the range of 2-7% of the FOB value of exports for notified/specific products.
• The rebate rate varies from 0.5% to 4% on FOB value
• The MEIS Scheme Provides incentive in the form of a Duty credit scrip or MEIS License which can be used in payment of import duties or can be sold in the open market for a premium rate.
• MEIS rate of rewards varies from product to product and is in the range of 2% to 5% for most items.
• MEIS is an export incentive scheme introduced under the Foreign Trade Policy 2015-20, which came into effect from 01.04.2015 and was valid upto December 2020.
• MEIS Scheme is replaced by the RoDTEP Scheme since January 2021.
• Although, this scheme is not longer active, we take up old cases related to this scheme.

• RoDTEP stands for Remission ( Exemption ) of Duties and Taxes on Export Products.
• The scheme will ensure that the exporters receive the refunds on the embedded taxes and duties which are previously non-recoverable.
• The rebate rate varies from 0.5% to 4% on FOB value
• This scheme has been applicable with effect from January 1st, 2021.
• The scheme is replaced the existing Scheme MEIS (Merchandise Exports from India Scheme) .
• Mutual Recognition Agreement for AEO T2 to AEO T3
• Intention of the scheme is to boost Indian Exports.

• RoSCTL stands for The Rebate of State and Central Taxes and Levies.
• RoSCTL Scheme was introduced to rebate all embedded State and Central Taxes/levies meant for exports of made-up articles & garments. The RoSCTL Scheme came into effect from 07/03/2019.
• Previously under the Rebate of State Levies (RoSL) scheme, the Rebate was directly credited into the Exporter bank account as notified by the Ministry of textiles, similar to the Duty Drawback Scheme.
• However, the benefit under the new RoSCTL scheme along with additional ad-hoc incentive is given in the form of duty credit scrips. This is similar to MEIS scrips. The RoSCTL are freely transferable in nature.
• Just Like MEIS scrips, RoSCTL licenses can be used for payment of Import duties or can be sold in the open market at a premium rate.

• SEIS stands for Service Export from India Scheme.
• The SEIS Scheme or Service Export from India Scheme is an incentive given by the Ministry of Commerce through the Directorate General of Foreign Trade (DGFT) to Service Exporters based in India.
• This reward scheme is to promote the export of services from India.
• This scheme has been applicable with effect from April 2015.
• Its main objective is to boost and maximize the export of notified/selected Services from India.
• Under SEIS Scheme, Exporters of selected Services are entitled to a 3% / 5% / 7% incentive on the Net Foreign exchange earned in the form of Duty Credit Scrips.
• These SEIS scrips can be used to pay Import duty or can be encashed by selling it to any Importer. Therefore, it's a good cash Incentive Scheme.

• EPCG stands for Export Promotion Capital Goods Scheme.
• The Export Promotion Capital Goods Scheme (EPCG Scheme) can be
explained as “Duty-Free (Zero Customs Duty) Import of Capital Goods/Machinery for the manufacture of products meant for Export.”
• Capital Goods may be used for production, pre-production & post-production stages of goods.
• This scheme is also known as zero duty EPCG scheme. The main aim of the EPCG Scheme is to improve India’s competitiveness in the manufacturing sector
• The EPCG Scheme was valid upto October 2018 .
• We Undertake the New and old Issues of EPCG Scheme

• Advance Authorisation Scheme (AAS) or Advance License Scheme is a type of duty exemption scheme introduced by the Government of India under the Foreign Trade Policy 2015-2020.
• Under this scheme, exemption from the payment of import duties is given to raw materials/inputs required for the manufacture of export products i.e., you can import raw materials/inputs at zero customs duty for the production of export products.
• The purpose of this scheme is to make India’s products competitive in the global market.
• When duties paid on raw materials are saved, it automatically brings down the cost of the final export product.

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