The Synthetic & Rayon Textiles Export Promotion Council

Clarification regarding benefit under Incremental Export Incentivisation Scheme (IEIS) notified vide Notification No.27 dated 28th December 2012

Circular  No. ES/ 23 /2016-17                                                    May 6, 2016

To : Members of the  Council                                                       

Sub: Clarification regarding benefit under Incremental Export Incentivisation Scheme (IEIS) notified vide Notification No.27 dated 28th December 2012.

Dear Member,

As informed to you earlier vide Council’s Circular No.ES/ 53 /2015-16 dated January 28, 2016 regarding Judgement announced by Mumbai High Court on the issue of Incremental Export Incentivization Scheme (IEIS) after the legal proceeding.

The Council is glad to inform you now that DGFT has issued Trade Notice No.4/2016 dated 5th May, 2016 notifying that all exporters are entitled for 2% incentive for Incremental Export Incentivisation Scheme (IEIS) for the last quarter of 2012-13.

Copy of the Trade Notice can be downloaded by following the below link.
Trade Notice No.4/2016 dated 5th May, 2016

Members are requested to make a note of the above.

Thanking You,

 

V.ANIL KUMAR
EXECUTIVE DIRECTOR