Last Date for Submitting Applications under
MEIS, SEIS, ROSCTL, ROSL and 2% Additional Ad Hoc Incentive Extended by One
Month to 31 Jan 2022
[DGFT Notification No. 48/2015-2020
dated 31st December 2021]
Effect of this Notification: The last date of submitting
applications under MEIS, SEIS, ROSCTL, ROSL and 2% additional ad hoc incentive
(under para 3.25 of FTP) which was earlier notified to be 31.12.2021 has been
extended till31.01.2022.
Subject: Extension of
Last Date for Submitting applications for Scrip based FTP Schemes
S.O.(E):
In exercise of the powers conferred by Section 5 of the Foreign Trade
(Development and Regulation) Act, 1992 read with Para 1.02 of the Foreign Trade
Policy, 2015-20 , the Central Government hereby amends the para 3.13A of the
FTP 2015-20 (as notified vide Notification no. 26 dated 16th September,
2021) with immediate effect. The para 3.13A shall now read as below:
3.13A:
Last Date of Submitting Applications for Scrip based Schemes
(a) In
supersession of the existing laid down provisions in the Hand Book of
Procedures, 2015-20 with regard to last date for submitting online applications
for scrip based claims, the last date for submitting online applications stands
revised to 31st January 2022 for the following schemes i.e.
i. for MEIS (for exports made in the period (s)
01.07.2018 to 31.03.2019, 01.04.2019 to 31.03.2020 and 01.04.2020 to
31.12.2020),
ii. for SEIS (for service exports rendered for FY 18-19 and FY
2019-20),
iii. for 2% additional ad hoc incentive (under para 3.25 of the
FTP- for exports made in the period 01.01.2020 to 31.03.2020 only)
iv. for ROSCTL (for exports made from 07.03.2019 to 31.12.2020)
and
v. for ROSL (for exports made upto 06.03.2019 for which claims have not yet been
disbursed under scrip mechanism).
After
31.01.2022, no further applications would
be allowed to be submitted and they would become time-barred. Late cut
provisions shall also not be available for submitting claims at a later date.
(b) In
supersession of the laid down provisions on applicable late cut as in para 9.02
of the HBP, the new late cut for applications submitted upto
31.01.2022 as indicated above shall be:
|
Sl
no. |
Scheme |
Period
of Exports (Let Export Date in the period) / Services rendered in the period |
Late
Cut (as % age of Entitlement under the Scheme) |
|
1 |
MEIS |
FY
2018-19 (01.07.2018 to 31.03.2019) |
10% |
|
2 |
MEIS |
FY
2019-20 and FY 2020-21 (upto 31.12.2020) |
Nil |
|
3 |
SEIS |
FY
2018-19 |
5% |
|
4 |
SEIS |
FY
2019-20 |
Nil |
|
5 |
ROSCTL |
07.03.2019
to 31.12.2020 |
Nil |
|
6 |
ROSL |
Upto
06.03.2019 |
Nil |
[File no. 01/61/180/288/AM20/ PC-3 (Part 1)]