MEIS application last date extended for exports between Sept 2020 to Dec 2020

MEIS application last date extended

MEIS application last date extended for exports between Sept 2020 to Dec 2020

 

Notification No: 15/2015-2020 Dated. 1st July, 2022

Subject: Extension in deadlines for submission of applications under MEIS for exports made in the 4 months period, Sept 2020 to Dec 2020

 

S.O.(E): In exercise of the powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with Para 1.02 of the Foreign Trade Policy, 2015­-20, the Central Government hereby makes the following amendments in para 3.13 A of the Foreign Trade Policy 2015-20 as notified vide Notification No. 58 dated 07.03.2022, with immediate effect, as below:

Existing Para 3.13A as per Notification no. 58 dated 07.03.2022

Amended Para 3.13 A

With effect from 07.03.2022, the last date for submission of online applications for certain scrip based Schemes and applicable late cut on such applications would be :

The last date for submission of online applications under MEIS for exports made in the period 01.09.2020 to 31.12.2020, and applicable late cut as in Para 9.02 of HBP would be as below:

Scheme

Last date of submission of application

Late Cut if submitted till the last date as in column 2 (as % age of Entitlement under the scheme)

(1)

(2)

(3)

(i)MEIS (for exports made in the period 01.04.2020 to 31.12.2020)

30.04.2022

Nil

(ii)2% additional ad hoc incentive (under para 3.25 of the FTP – for exports made in the period 01.01.2020 to 31.03.2020 only)

30.04.2022

Nil

(iii)RoSCTL (for exports made in the period 07.03.2019 to 31.12.2020)

15.03.2022

Nil

(iv) RoSL (for exports made upto 06.03.2019 for which claims have not yet been disbursed under, scrip mechanism)

15.03.2022

Nil

No further applications would be allowed to be submitted after the prescribed last date (as above) as they would become time-barred. Late cut provisions shall also not be available for submitting claims thereafter.

Scheme

Last date of submission of Application

Late Cut if submitted till the last date as in column 2 (as % age of Entitlement under the scheme)

(1)

(2)

(3)

MEIS (for exports in the period 01.09.2020 to 31.12.2020)

31.08.2022

Nil

No further MEIS applications would be allowed to be submitted after the prescribed last date (as above) and such applications would become time-barred. Late cut provisions shall also not be available for submitting claims at a later date.

 

Effect of this Notification: The last date of submitting applications under MEIS , for exports made in the period 01.09.2020 to 31.12.2020, has been extended upto 31.08.2022.

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