| Date: |
05-08-2019
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| Notification No: |
Public Notice No. 23/2015-2020
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| Issuing Authority: |
DGFT
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| Type: |
Public Notice
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| File No: |
File No. 01/61/180/ 65/AM19/PC-3 |
| Subject: |
Provision for claiming additional benefits under MEIS for HS Codes for which rates were enhanced with a retrospective effect
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|
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
New Delhi
Public Notice
No. 23/2015-2020
Dated 5th August, 2019
Subject: 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.
(Issued from File No. 01/61/180/ 65/AM19/PC-3)
(Alok Vardhan Chaturvedi)
Director General of Foreign Trade
E-mail: [email protected]
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