Merchandise Exports from India Scheme Current Affairs, GK & News

DGFT doubles incentives rates for garments under Merchandise Exports from India Scheme

November 25, 2017

Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry has doubled rates for incentives under Merchandise Exports from India Scheme (MEIS) from 2% to 4% of value of exports. The rates for incentives under this scheme have been enhanced for two subsectors of textiles industry — readymade garments and made-ups. This measure will ..

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