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Commerce Ministry not accepting MEIS applications from exporters

Commerce Ministry not accepting MEIS applications from exporters

According to an office memorandum of the Directorate General of Foreign Trade (DGFT), the Department of Revenue in May had conveyed that it may not be feasible to exceed MEIS (merchandise export from India scheme) allocation beyond Rs 9,000 crore for 2020-21 (up to December 2020).