Export Incentive Schemes
MEIS / SEIS
Advisory Services
Merchandise Exports from India Scheme (MEIS) & Services Exports from India Scheme (SEIS)
The Merchandise Exports from India Scheme (MEIS) and Services Exports from India Scheme (SEIS) were key export incentive programs introduced under India's Foreign Trade Policy to promote exports of goods and services from the country. Although these schemes have been replaced by newer export incentive frameworks, many exporters and service providers still require advisory support for pending claims, scrip utilisation, compliance matters, and resolution of legacy issues related to MEIS and SEIS benefits. Businesses may face challenges in managing unutilised duty credit scrips, handling regulatory queries, or addressing compliance matters related to previously claimed incentives. Shangrila Corporate Services Pvt Ltd provides structured advisory to help businesses resolve legacy matters related to MEIS and SEIS schemes, manage duty credit scrips, and ensure compliance with applicable Foreign Trade Policy provisions.
Service at a Glance
Duty credit scrip incentives linked to export performance
Duty credit scrip incentives linked to export performance
Reduction in customs duty liabilities through scrip utilisation
Reduction in customs duty liabilities through scrip utilisation
Support for international competitiveness of Indian businesses
Support for international competitiveness of Indian businesses
Encouragement of export growth in goods and services sectors
Encouragement of export growth in goods and services sectors
Overview
What are MEIS and SEIS Schemes?
The Merchandise Exports from India Scheme (MEIS) was designed to incentivise exports of notified goods by providing duty credit scrips based on the realised FOB value of exports.
The Services Exports from India Scheme (SEIS) provided incentives to service providers exporting eligible services from India, enabling them to receive duty credit scrips linked to net foreign exchange earnings.
Both schemes were introduced under the Foreign Trade Policy framework and implemented by the Directorate General of Foreign Trade.
Key Service Highlights
- Duty credit scrip incentives linked to export performance
- Reduction in customs duty liabilities through scrip utilisation
- Support for international competitiveness of Indian businesses
- Encouragement of export growth in goods and services sectors
- Additional financial support for exporters and service providers
- Even after the introduction of new schemes, managing legacy benefits remains important for businesses.
Advisory Note
Structured advisory helps evaluate eligibility, prepare accurate documentation, and reduce execution risk while pursuing available trade policy benefits.
Suitable For
Who Should Consider MEIS / SEIS?
This advisory is most relevant for businesses that need eligibility clarity, documentation accuracy, and practical support through the scheme lifecycle.
Service providers who applied under SEIS
Businesses holding unutilised duty credit scrips
Companies facing compliance queries related to scheme utilisation
Key Benefits
Key Benefits of MEIS / SEIS
Structured implementation can help improve cost efficiency, reduce procedural risk, and support better trade outcomes.
01
Duty credit scrip incentives linked to export performance
02
Reduction in customs duty liabilities through scrip utilisation
03
Support for international competitiveness of Indian businesses
04
Encouragement of export growth in goods and services sectors
05
Additional financial support for exporters and service providers
06
Even after the introduction of new schemes, managing legacy benefits remains important for businesses.
Process
How MEIS / SEIS Works
A practical workflow for evaluating eligibility, preparing documentation, submitting applications, and managing follow-through.
01
Export of eligible goods or services
02
Filing of applications through the DGFT portal
03
Verification of export performance and documentation
04
Issuance of duty credit scrips by DGFT
05
Utilisation or transfer of scrips as permitted under policy provisions
Common Pitfalls
Common Challenges Businesses Face
These issues often lead to delays, missed benefits, documentation gaps, or unnecessary compliance exposure.
Pending or disputed incentive claims
Difficulty managing unutilised duty credit scrips
Regulatory queries related to past claims
Compliance issues identified during audits or reviews
Uncertainty regarding scheme closure procedures
Professional advisory helps businesses resolve such issues efficiently and maintain compliance with regulatory requirements.
Our Services
Our Approach to MEIS / SEIS
End-to-end advisory support focused on eligibility, documentation, filing, compliance, and benefit optimisation.
Legacy Claim Review
Assessment of pending or disputed MEIS and SEIS claims
Duty Credit Scrip Advisory
Guidance on utilisation, transfer, or compliance related to issued scrips.
Regulatory Query Support
Assistance in responding to compliance queries from authorities
Documentation Review
Verification of export records and supporting documents
Compliance Advisory
Guidance on resolving regulatory issues related to past scheme utilisation.
Documentation
Documents Required to Get Started
Share these documents with our team so we can assess eligibility and begin structuring the advisory process.
Import Export Code (IEC)
Export invoices and shipping bills (for MEIS)
Service export documentation (for SEIS)
Bank Realisation Certificates (BRC / e-BRC)
Duty credit scrip details (if issued)
Resolve Legacy MEIS / SEIS Matters Efficiently
FAQ
Frequently Asked Questions
They were export incentive schemes providing duty credit scrips for eligible exports of goods and services.
New incentives have replaced them, but legacy claims and compliance matters may still require resolution.
They are transferable instruments that can be used to pay certain customs duties.
Utilisation depends on applicable policy provisions and validity conditions.
Professional support can help resolve compliance issues and manage remaining benefits effectively.
Why SCS
Why Work with Shangrila Corporate Services
We help businesses resolve scheme-related matters efficiently and maintain compliance with trade regulations.
Expertise in Foreign Trade Policy and export incentive schemes
Experience in managing legacy DGFT scheme matters
Structured approach to regulatory compliance and documentation
Practical advisory for exporters and service providers
Get Expert Advisory
Even though new export incentive frameworks have replaced these schemes, many exporters still need professional support to manage legacy claims, compliance issues, and scrip utilisation. Connect with our team to:
Review pending MEIS / SEIS claims Manage duty credit scrips effectively Address regulatory queries and compliance matters
Contact Us
No commitment | Expert consultation