Govt making export benefit scheme GST-compliant: Official
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.
\nNeeraj 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.
\nHe said this while addressing Ficci's Executive Committee Meeting here.
\nUnder the Merchandise Exports from India Scheme (MEIS), the commerce ministry gives duty benefits to several products.
\nIt provides duty benefits at 2 per cent, 3 per cent and 5 per cent depending upon the product a<\/p>\n
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