– The CSB V (Courier Shipping Bill) is an amendment made to CSB II.
– Sellers can ship goods up to ₹5,00,000 through courier mode and also avail GST returns once they share the package’s shipping details, such as the Airway Bill Number and the invoice.
– This was not possible earlier in the CSB-II as you did not get a chance to show your shipment as an export.
CSB - V
With CSB - V, one can get the following:
– Easy custom clearance
– GST Compliance
– Least Paperwork
– MEIS Claim
Merchandise Export From India Scheme (MEIS) gives certain benefits to sellers when they ship products from any of these six categories:
1. Handicraft Products
2. Handloom Products
4. Leather Footwear
5. Customized Fashion Garments