Merchandise exports from India scheme (MEIS) was introduced and started under the foreign trade policy of India commonly known as (FTP). The objective or the goal of MEIS is to offset physical as well as organisationalincompetency, as well as the costs that are related to products and goods that are made in India. This in turn increases the need for labour therefore making a way for the unemployed and providing them with the much-needed boost in the form of a job. An exporter can enjoy the many benefits, the best being the compensation provided in the case of any loss that is faced in duty. The exporter is therefore shielded from any form of loss.
Visit Our Website : http://www.islf.in