The Central Board of Excise & Customs issued circular directing the officials that Exports of goods through foreign post office using e-commerce shall be permitted through the Foreign Post Offices at Delhi, Mumbai & Chennai. This is in accordance with the Foreign Trade Policy (FTP) 2015-20. The circular further states that the exports shall be entitled for rewards under MEIS. The list of eligible goods under the Merchandise Exports from India Scheme has been listed in Appendix 3C of the Foreign Trade Policy. If the value of exports using e-commerce platform is more than Rs 25,000 per consignment, then MEIS reward would be restricted to an FOB value of Rs.25,000.
As per the circular a valid Import-Export Code must be obtained by the exporter to export goods sold through ecommerce through the FPOs at Delhi, Mumbai & Chennai. The exporter shall be also required to file a Postal Bill of Export (PBE) according to the format prescribed in the Circular in order to claim benefit under MEIS. Every PBE shall be filed in duplicate and shall cover only one consignor and up to ten consignees.
The exporter shall be required to attach the invoice(s) with the PBE and shall also provide specific details of the e-commerce transaction in the PBE. In addition, the exporter shall continue to comply with the requirements under section 82 of the Customs Act, 1962, namely filing of the label or declaration as prescribed by the Postal Department.
Read the full text of the circular below.
