Goods and Services Tax – GST – Dated:- 18-5-2017 – New Delhi, May 17 (PTI) The government is re-designing the export benefit scheme MEIS to make it GST-compliant, a senior official said today. Neeraj Prasad, Additional Commissioner, GST Cell, Central Board of Excise and Customs (CBEC) also said that the issue of working capital requirements under the new tax regime is being deliberated upon by the government. He said this while addressing Ficci's Executive Committee Meeting here. Under the Merchandise Exports from India Scheme (MEIS), the commerce ministry gives duty benefits to several products. It provides duty benefits at 2 per cent, 3 per cent and 5 per cent depending upon the product and country. Prasad said that the GST regime wo
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