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Exporters want more products to be included in MIES list

Exporters’ body FIEO says more products like jewellery and auto-components should be included the list of items that enjoy export incentives through e-commerce. Currently only items such as handicraft, handloom, books, leather footwear, and toys get exports incentives under Merchandise Exports from India Scheme (MEIS). Under MEIS, the government provides duty benefits depending on product and country. The proposed policy should bring uniform definition of e-commerce as various acts and policies define the world differently.

The limitation of Rs 25,000 for e-commerce exports or imports through courier, should be either removed or enhanced to Rs 5 lakh so that high value shipments can be exported through courier mode availing fast track facility. On February 23, the commerce and ministry released a draft proposal for setting up a legal and technological framework for restrictions on cross-border data flow and, also laid out conditions for businesses regarding collection or processing of sensitive data locally and storing it abroad.

 

 
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