MEIS Cut by 2% w.e.f 1 Jan-2020, All other Rates less 2% will Continue
Textile Only Exception
on which the Cut to 2% is not Applicable
·
1842 Entries in the
Total of 8059 Affected
·
49 Textile Products consists
of Shawls, Handloom, Jute Products and made-ups Exempted from Cut
·
Compensation through
2% RoSCTL Expected
(Ref pp 309 to 383 of
Foreign Trade Policy Vol. III for Restored Old Rates)
[DGFT Public Notice No 47/2015-2020
dated 7 December 2019]
Effect of the Public Notice:
Except entries/ products listed in the Annexure, the additional 2% benefits
under MEIS will be available for entries/products mentioned in Public Notice 44
dated 05.12.2017. Public Notice 02 dated 01.05.2018, Public Notice 13 dated
12.06.2018 and Public Notice 28 dated 08.08.2018 for exports made till
31.12.2019 only.
Subject:
Changes in MEIS Rates
In
exercise of powers conferred under paragraph 1.03 of the Foreign Trade Policy
(2015-2020), the Director General of Foreign Trade hereby makes the following
amendments/changes in the Appendix 3B, Table 2 applicable for MEIS rates:
i Additional 2% rate under MEIS was notified for
certain entries/ products vide (a) Public Notice 44 dated 05.12.2017, (b) Public Notice
02 dated 01.05.2018, (c) Public Notice 13 dated 12.06.201 8 and (d) Public Notice
28 dated 08.08.2018. These additional rates were continued vide Public Notice
07 dated 11.05.2018.
ii Except for the MEIS entries/ products listed
in the Annexure to this Public Notice, these additional 2% rates referred
above, shall be available for exports
with Let Export date till 31.12.2019 only.
(Issued from File no.
01/61/180/360/AM19/PC-3)
Annexure to Public
Notice No. 47/2015-20 dated 07 December 2019
|
ITC
HS2017 |
MEIS
Sl. No. in Appendix 3B,Table2 |
|
61043100 |
3909 |
|
61043200 |
3910 |
|
61171020 |
4027 |
|
61171040 |
4029 |
|
61171040 |
4030 |
|
62141020 |
4198 |
|
62141020 |
4199 |
|
62141030 |
4200 |
|
62142010 |
4202 |
|
62142020 |
4203 |
|
62149032 |
4212 |
|
62160020 |
4224 |
|
63019010 |
4241 |
|
63022110 |
4245 |
|
63025110 |
4257 |
|
63026010 |
4261 |
|
63029110 |
4263 |
|
63041100 |
4273 |
|
63041940 |
4277 |
|
63049190 |
4281 |
|
63049211 |
4282 |
|
63049221 |
4283 |
|
63049231 |
4285 |
|
63049241 |
4287- |
|
63049281 |
4292 |
|
63049291 |
4294 |
|
63049991 |
4298 |
|
63049992 |
4299 |
|
63051010 |
4301 |
|
63051020 |
4302 |
|
63051030 |
4303 |
|
63051040 |
4304
|
|
63051050 |
4305 |
|
63051060 |
4306 |
|
63051070 |
4307 |
|
63051080 |
4308 |
|
63051090 |
4309 |
|
63061910 |
4316 |
|
63061920 |
4317 |
|
63062910 |
4320 |
|
63071030 |
4327 |
|
63079011 |
4331 |
|
63079012 |
4333 |
|
63079013 |
4335 |
|
63079019 |
4337 |
|
63079020 |
4338 |
|
63079090 |
4339 |
|
63101030 |
4341 |
|
63109030 |
4343 |