Circular No.ES/250 /2016- 17 December 30, 2016
To: Members of the Council
Sub: Procedure for claiming Duty Credit Scrips under Chapter 3 of FTP 2009-14 for shipments where LEO date is upto 31.03.2015 but date of export is on or after 01.04.2015.
Dear Sir,
This is to inform you that the Director General of Foreign Trade has issued Public Notice No. 48/ 2015-2020 dated 29.12.2016 on the above subject.
DGFT has clarified that the shipments, where LEO date as on or prior to 31.03.2015, but the Date of Export is on or after 01.04.2015, shall be incentivized with the Chapter 3 benefits as was available in the FTP 2009-14. It is also clarified that in all such cases, the LEO date shall be treated as date of export.
Applications for availing benefit under this Public Notice are to be filed with Regional Authorities (RAs) concerned by 31.03.2017 and in all such cases Late Fee under Para 9.3 of HBP (2009- 15) will not be applicable. However, applications received after 31.03.2017 will be subject to Late Fee as applicable under Para 9.3 of HBP (2009- 14).
Necessary changes in the online application module have been made to change the LEO date as the Date of Export giving effect to the above decision.
Members may kindly make note of the same.
Thanking you,
V. ANIL KUMAR
EXECUTIVE DIRECTOR
