Eximkey - India Export Import Policy 2004 2013 Exim Policy

PUBLIC NOTICE NO. 23/2019, DT. 05/08/2019

Provision for claiming additional benefits under MEIS for HS Codes for which rates were enhanced with a retrospective effect.



In exercise of powers conferred under paragraph 1.03 and 2.04 of the Foreign Trade Policy 2015-2020, the Director General of Foreign Trade hereby makes the following amendments in Appendix 3B, Table 2 as notified vide Public Notice 02 dated 01.04.2015.

2. The para 9.03 is amended as below:
 

Existing Para 9.03 (as amended vide Public notice 16 dated 28.06.2018) Amended Para 9.03
9.03 Supplementary Claims

Wherever any application for supplementary claim is received, within specified time limits, such application may also be considered after imposing a cut @2% on the entitlement. However, no supplementary claims for scrips under chapter 3 of the FTP 2015-20 would be admissible
9.03 Supplementary Claims

(i) Wherever any application for supplementary claim is received, within specified time limits, such application may also be considered after imposing a cut @2% on the entitlement.

(ii) Supplementary claims would be admissible under MEIS, only for certain HS Codes, for which rates under MEIS have been enhanced with a retrospective effect based on guidelines issued in this regard. In such cases, the supplementary cut @2% as in 9.03 (i) above shall not be applied.

(iii) Supplementary claim under chapter 3 of the FTP 2015-20 for any other reason would not be admissible.


Effect of Public Notice: A provision enabling issue of additional benefits under MEIS for HS Codes, for which enhanced rates under MEIS were notified with a retrospective effect, has been incorporated in the Handbook of Procedure, 2015-20.
 

(Alok Vardhan Chaturvedi)
Director General of Foreign Trade
E-mail: dgft@nic.in

(Issued from File No. 01/61/180/ 65/AM19/PC-3)
 

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