Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Date: 05-08-2019
Notification No: Trade Notice No. 28/2019-20
Issuing Authority: DGFT  
Type: Trade Notice
File No: F. No. 01/61/180/65/AM19/PC-3
Subject: Mechanism to apply for additional claims under MEIS for certain HS codes for which enhanced rates were notified with retrospective effect

Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Udyog Bhawan, New Delhi

Trade Notice No. 28/2019-20

Dated: 05.08 .2019

To,

1. All Exporters/Members of Trade
2. All Regional Authorities of the Directorate General of Foreign Trade

Subject: Mechanism to apply for additional claims under MEIS for certain HS codes for which–enhanced rates were notified with retrospective effect.

It may be noted that the Directorate has notified higher rates for certain HS Codes during the Mid Term Review of the Policy, for export made from 01.11.2017. This was done vide Public Notice 42 dated 24.11.2017, Public Notice 44 dated 05.12.2017, Public Notice 02 dated 01.05.2018 and Public Notice 28 dated 08.08.2018.
2. It had come to the notice of the Directorate that certain exporters had realized payment for exports made on or after 01.11.2017 after having made exports under those HS Codes and have also claimed MEIS benefits from the Directorate, before the said Public Notices were notified. These exporters are not able to claim the different higher rates under the current mechanism of issue of such scrips since scrips were issued as per older rates in the system.
3. It order to enable such exporters claim the differential 2% rates as enhanced vide the above 4 Public Notices, the following procedure is being elaborated for compliance by the RAs and the Exporter / Applicants:
    i. The Exporter/ Applicant would submit a letter to the concerned RA with a statement of the shipping bills along with corresponding file no. from which MEIS has already been issued, for which additional claims under MEIS is being claimed for the relevant HS Codes.
    ii. Based on the letter, the RA would open a supplementary file from the same file number in the E com module. (The necessary c corn module modifications have been done by the MC)
    iii. The RA would then check the eligibility for additional claim and fill the differential rate manually in the relevant field for the relevant I IS Codes at the item
    iv. After approval at the level of the Deputy DGFT, RA would issue the scrip for the supplementary file. This scrip would be issued in the paperless form and the scrip owner would be required to record its transfer online as is the current practice.
    v. additional documents, are required to be submitted by the exporters/ applicants to the RAs in the process after the applicant has submitted the letter with the statement of shipping bills as in (i) above.
    vi. Such scrips would be utilized just like the other MEIS scrips. The mechanism of data transmission of such scrips to Customs/ ICEGATE has been worked out.
4. Difficulties, if any, in the implementation of the above mechanism may be brought to the notice of this Directorate.
5. This is issued with approval of the Competent Authority.

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

Dr. Praveen Kumar
Deputy DGFT, Policy 3
DGFT HQ.

       

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 12-04-2024
NOTIFICATION No. 09/2024 – CENTRAL TAX
Seeks to extend the due date for filing of FORM GSTR-1, for the month of March 2024

Date: 10-04-2024
NOTIFICATION No. 08/2024- Central Tax
Seeks to extend the timeline for implementation of Notification No. 04/2024-CT dated 05.01.2024 from 1st April, 2024 to 15th May, 2024

Date: 08-04-2024
Notification No 07/2024 – Central Tax
Seeks to provide waiver of interest for specified registered persons for specified tax periods

Date: 04-04-2024
Notification No. 27/2024 - Customs (N.T.)
Exchange Rate Notification No. 27/2024-Cus (NT) dated 04.04.2024-reg

Date: 26-03-2024
Notification No. 24/2024 - Customs (N.T.)
Exchange Rate Notification No. 24/2024-Cus (NT) dated 26.03.2024-reg

Date: 14-03-2024
NOTIFICATION No. 17/2024-Customs
Seeks to amend notification No. 57/2017-Customs dated 30.06.2017 so as to modify BCD rates on certain smart wearable devices.

Date: 12-03-2024
NOTIFICATION No. 15/2024-Customs
Seeks to amend specific tariff items in Chapter 90 of the 1st schedule of Customs Tariff Act, 1975.

Date: 12-03-2024
NOTIFICATION No. 16/2024-Customs
Seeks to amend Notification No. 50/2017-Customs dated 30.06.2017 so as to change the applicable BCD rate on specified parts of medical X-ray machines.

Date: 07-03-2024
Notification No. 18/2024 - Customs (N.T.)
Exchange Rate Notification No. 18/2024-Cus (NT) dated 07.03.2024-reg

Date: 06-03-2024
Notification No. 13/2024-Customs
Seeks to amend notification No. 50/2017- Customs dated 30.06.2017, in order to reduce the BCD on imports of meat and edible offal, of ducks, frozen, subject to the prescribed conditions, with effect from 07.03.2024.



Exim Guru Copyright © 1999-2024 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001