MEIS - Page 2

MEIS/SEIS/ ROSL/ROSCTL applications will get time barred after 31.12.2021

Trade Notice No. 22/2021-22-DGFT 02/11/2021

MEIS/SEIS/ ROSL/ROSCTL Claim- Exporters may kindly note that after 31.12.2021, the Online IT system will not be operational and no applications/claims under the mentioned schemes can thereafter be submitted. It has also been notified that the facility for filing applications, with a late cut provision, would also not be available and all ...

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Procedure for utilising MEIS Scrip for payment of customs duty

Public Notice No. - 92/2021 01/11/2021

It has been informed by the trade that the facility of recording of transfer and ownership details of MEIS scrip is not functional on the DGFT website for some time now. As a temporary measure, the following procedure is prescribed for an importer intending to utilize the MEIS Scrip for payment of customs duty....

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Last Date for filing MEIS / SEIS Application

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 scheme...

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Posted Under: DGFT |

Last date for submission of application for MEIS, SEIS, ROSCTL, ROSL

Notification No: 26/2015-2020 16/09/2021

The last date of submitting applications under MEIS, SEIS, ROSCTL, ROSL and 2% additional ad hoc incentive (under para 3.25 of FTP) has been notified to be 31.12.2021, in supersession of any such provision in the Hand Book of Procedures, 2015­-20 going forward. Further, the validity of any scrip issued under FTP from the date […]...

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RoDTEP: Is it Old wine in a new bottle?

Though the exporters were opting the RoDTEP Scheme, they had no idea about the rates to be notified under the scheme. However, there was hope prevailing among all the stakeholders that the rate under the new scheme will not be less than MEIS, if not more than that....

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Posted Under: DGFT |

Shift from MEIS to RoDTEP

In a major move aimed at boosting exports and offering relief to exporters, the government on 17th  August  2021 notified Remission of Duties and Taxes on Exported Products (RoDTEP) (guidelines) as part of the Chapter 4 provisions of the Foreign Trade Policy 2015-20– Notification No. 19/ 2015-20 dated 17 August 2021 to replace the...

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Posted Under: DGFT |

Everything Exporters should know about RoDTEP – 50 important FAQs

Background: Indian Exporters have been waiting for last 8 months for the announcement of the benefits under RoDTEP (Remission of Duties and Taxes on Exported Products) Scheme. Ministry of Commerce & Industry under Department of Commerce has finally come out with the Scheme Guidelines by issuing the Notification No. 19/2015-2020 dated ...

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Posted Under: DGFT | ,

MEIS cannot be denied on exports through DHL to a destination abroad

Jindal Drugs Private Limited Vs Union of India (Madras High Court)

Jindal Drugs Private Limited Vs Union of India (Madras High Court) In this case, supply has been made by the petitioner to FTWZ for onward shipment at the behest of the purchaser, UTEXAM, to a location of its choice. This modus operandi is supported by the documentation placed on record by the petitioner. Thus, DHL […]...

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HS codes 30036000 & 30046000 included in MEIS Schedule

Public Notice No. 18/2015-2020 27/07/2021

Two ITC HS codes 30036000 and 30046000 have been included in the MEIS Schedule and are eligible for MEIS benefits for exports made in the period 01.01.2017 to 31.12.2020 at the rate of 3% . Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Public Notice No. 18/2015-2020 [&h...

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Acceptance & issuance of claims under MEIS, SEIS, ROSL, ROSCTL on hold

Trade Notices No. 08/2021-22-DGFT 08/07/2021

issuance of benefits/scrips under MEIS, SEIS, ROSL and ROSCTL Schemes would be on hold for a temporary period due to changes in the allocation procedure. During this period, no fresh applications would be allowed to be submitted at the online IT module of DGFT for these schemes and all submitted applications pending for issuance of scrips...

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