DGFT : In order to boost exports from India, the Government of India has come up with different Export Promotion Schemes which are concer...
Goods and Services Tax : Duty Credit Scrips are goods as held by many Courts and the supply of the same liable to GST. Duty Credit Scrips covered under HSN...
DGFT : Unlock the potential of international trade by mastering the process of RCMC registration with our comprehensive guide. As of Apri...
CA, CS, CMA : 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...
DGFT : 1. Objective: To provide rewards to exporters to offset infrastructural inefficiencies and associated cost. Also to encourage and ...
DGFT : Many of us are awaiting for DGFT online portal to start with online application filing of MEIS, SEIS and RoSL / RoSCTL for the exp...
DGFT : Under the decisive leadership of Hon’ble Prime Minister Shri NarendraModi, Government of India has decided to budget Rs 56,027 c...
DGFT : I have received request from the Service Exporters for issuance of long pending Service Exports from India Scheme (SEIS) Notificat...
DGFT : SEPC has recently submitted a representation to Hon’ble Minister of Finance Smt. Nirmala Sitharaman to take note of the conc...
DGFT : Smarte Solutions Pvt. Ltd. Vs Union of India (Bombay High Court) The Hon’ble High Court, Bombay in the matter of M/s Smarte Solu...
DGFT : Service Providers in Telecom Sector” meant and included only the Telecom Service Providers of services mentioned therein. The am...
DGFT : MEIS and SEIS scheme have now been discontinued w.e.f. 01.01.2021 and 01.04.2020 respectively, and are on the verge of final closu...
DGFT : The last date of submitting applications under MEIS, SEIS, ROSCTL, ROSL and 2% additional ad hoc incentive (under para 3.25 of FTP...
DGFT : The last date of submitting applications under MEIS, SEIS, ROSCTL, ROSL and 2% additional ad hoc incentive (under para 3.25 of FTP...
DGFT : MEIS/SEIS/ ROSL/ROSCTL Claim- Exporters may kindly note that after 31.12.2021, the Online IT system will not be operational and no...
Custom Duty : It has been informed by the trade that the facility of recording of transfer and ownership details of MEIS scrip is not functional...
In order to boost exports from India, the Government of India has come up with different Export Promotion Schemes which are concerned with the development and regulation of foreign trade by facilitating imports into and augmenting exports from India.
MEIS and SEIS scheme have now been discontinued w.e.f. 01.01.2021 and 01.04.2020 respectively, and are on the verge of final closure, therefore, transfer/migration of files at this moment from one RA to another, might not be feasible, as it will leads to fresh examination of the case and will take time.
Smarte Solutions Pvt. Ltd. Vs Union of India (Bombay High Court) The Hon’ble High Court, Bombay in the matter of M/s Smarte Solutions Pvt. Ltd v. Union of India [Writ Petition no. 503/2021 dated July 27, 2022] directed the department to consider the application for Services Export from India Scheme (“SEIS”) benefits on the ground […]
Duty Credit Scrips are goods as held by many Courts and the supply of the same liable to GST. Duty Credit Scrips covered under HSN 4907 and exempted from 13.10.2017 under S. No. 122A of Notification 2/2017 – CGST (Rate). Prior, it was taxable under GST.
Unlock the potential of international trade by mastering the process of RCMC registration with our comprehensive guide. As of April 1, 2022, exporters must utilize the Common Online Platform for Registration cum Membership Certificate (RCMC). Learn the significance of RCMC, its benefits, and why it’s essential for claiming incentives, obtaining GST benefits, and more. Follow our step-by-step instructions on how to register for RCMC on the DGFT website and gain insights into the Directorate General of Foreign Trade’s role in shaping India’s import-export policies.
The last date of submitting applications under MEIS, SEIS, ROSCTL, ROSL and 2% additional ad hoc incentive (under para 3.25 of FTP) which was earlier notified to be 31.01.2022 has been extended to 28.02.2022.
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 […]
The last date of submitting applications under MEIS, SEIS, ROSCTL, ROSL and 2% additional ad hoc incentive (under para 3.25 of FTP) which was earlier notified to be 31.12.2021 has been extended till 31.01.2022.
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 applications will get time barred after 31st December 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.
