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Know all about GST E Invoice | Turnover more than 20 Crore

March 31, 2022 12108 Views 0 comment Print

Stay up to date with the new e-Invoicing system under GST for businesses with a turnover of more than 20 Crore. Learn all about the process and obligations.

Last date extended for applications under MEIS, ROSCTL, ROSL

March 7, 2022 17373 Views 0 comment Print

Extension of MEIS / Ad-hoc Incentive Scheme / ROSCTL / ROSL The last date for submitting applications under MEIS (for exports made in the period – 01.04.2020 to 31.12.2020), ROSCTL, ROSL and 2% additional ad hoc incentive (under para 3.25 of FTP, only for exports made in the period 01.01.2020 to 31.03.2020) has been extended. […]

Last date for MEIS / SEIS / ROSCTL extended

January 1, 2022 15126 Views 5 comments Print

As we all are aware that online E Com portal for filing of MEIS, SEIS, ROSL and ROSCTL scheme was not working for a long which was activated and an end date was provided to claim all such pending authorization upto 31 December 2021. Although, MEIS application for the period September to December 2020 was […]

Last Date for filing MEIS / SEIS Application

September 17, 2021 11997 Views 5 comments Print

Many of us are awaiting for DGFT online portal to start with online application filing of MEIS, SEIS and RoSL / RoSCTL for the exports made till December 2020. In the meantime, the Commerce Ministry has issued Notification No. 26/2015-2020 dated 16 September 2021 to notify Last date for submitting applications for scrip based FTP schemes and […]

New Scheme For Exports | Ubharte Sitaare Fund

August 23, 2021 3258 Views 0 comment Print

After just 3 days from announcement of RoDTEP scheme for exporters, Finance Minister Launched “Ubharte Sitaare Fund” on 21 August 2021. Union Finance Minister Nirmala Sitharaman on Saturday, addressing the launch of the ‘Ubharte Sitaare Fund’ said the micro, small and medium enterprises (MSMEs) are the backbone of the economy, and that the government has […]

Scheme Guidelines for RoDTEP

August 18, 2021 7476 Views 4 comments Print

Scheme Guidelines for Remission of Duties and Taxes on Exported Products (RoDTEP) As we all are aware that the new RoDTEP scheme was introduced as a part of Foreign Trade Policy replacing MEIS benefit. This much needed and awaited scheme has been announced by commerce ministry vide Notification No. 19/2015020 dated 17 August 2021 along […]

Missed TMA benefit for March & June 2020? You can file it now !!

July 26, 2021 642 Views 0 comment Print

The Director General of Foreign Trade (DGFT) has issued a Public Notice Number 14/2015-20 dated 13 July 2021 to extend time limit for filing of claims under the Transport and Marketing Assistance (TMA) scheme. The “Transport and Marketing Assistance” (TMA) for specified agriculture products Scheme aims to provide assistance for the international component of freight […]

New Foreign Trade Policy 2021 – 26

January 16, 2021 20358 Views 0 comment Print

The Ministry of Commerce & Industry has issued a press release dated 12 Jan 2021 to give a brief on Parliamentary Consultative Committee meeting of Commerce and Industry on which was held to discuss “New Foreign Trade Policy 2021-26”. Please find below excerpts form press release for your perusal: The meeting was chaired by the Minister of State for […]

Pre-requisite for RoDTEP & Mechanism to claim RoDTEP benefit

January 3, 2021 13935 Views 3 comments Print

We refer to our earlier article on introduction of RoDTEP Incentive scheme with effect from 01 January 2021. In relation to the said press release, ICEGATE has issued Advisory No. 01/2021 dated 01 January 2021. Please find below a brief note on important aspects from the Advisory. The broad provisions of the scheme: Pre-requisite for […]

IMPORTANT | RoDTEP Scheme from 01st January 2021

January 1, 2021 47616 Views 5 comments Print

As we all are aware that the Government was in discussion for the introduction of a new benefit of ​​Remission of Duties and Taxes on Exported Products (RoDTEP) on merchandise exports replacing the existing ​​Merchandise Exports from India Scheme (MEIS) Scheme. In relation to the same, the Ministry of Finance has recently issued a ​​Press […]

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