image rotation

Processing of MEIS applications under FTP 2015-20 in terms of Public Notice 62 dated 16.02.2018

Circular No.ES/ 349/2017-18                                                                     March 28, 2018

To: Members of the Council

Sub: Processing of MEIS applications under FTP 2015-20 in terms of Public Notice 62 dated 16.02.2018

Dear Member,

This has reference to Council’s Circular No.ES/297/2017-18 dated  February 17, 2018 informing about Public Notice No. 62/ 2015-2020 dated 16.02.2018 issued by DGFT giving important directives for process of application for MEIS claim only on the basis of ITC HS Code as specified in the Shipping Bill. It was further informed that past finalized cases which have been decided were not to be re-assessed based on the Directives in the said Public Notice.

However, subsequent to the issue of the Public Notice No. 62/205-2020, O/o DGFT has received various representations from the members of Trade that many of their past cases had been rejected by RAs merely on the grounds of mismatch of description of the export items between the shipping bills and the description specified in the Appendix 3B of MEIS Schedule.

Now, O/o DGFT has issued Trade Notice No.26/2018 dated 23rd March, 2018 reiterating that the issue has been examined by the O/o DGFT and the Public Notice No.62 was issued doing away with the requirement of matching of the description of the export product between the MEIS Schedule and the Shipping bills since many of the RAs were rejecting the MEIS applications merely on the grounds of mismatch of description even though the ITC (HS) classification as well as the Appendix 3B had general description of export product whereas the description of export item in the shipping bill was specific description of the product exported by the firm covered under such general description of the concerned HS Classification.

In view of above, instructions were issued to all RAs that past cases where the MEIS applications received under FTP 2015-20 have not been considered merely on the grounds of description mismatch and not due to any mis-classification issues shall not be considered as "Finalised Cases" for the purposes of Para 3 of the Public Notice No.62 dated 16.02.2018. Hence, all such cases may be processed and finalised under the Public Notice No.62 dated 16.02.2018. In any case procedure prescribed in Para 3.01 (h) of HBP 2015-20 should be followed in all cases under MEIS.

Members may kindly make a note of the above and do the needful.

Thanking you,

Yours faithfully,

S. BALARAJU
EXECUTIVE DIRECTOR

Subscribe to SRTEPC mailing list

Exchange Rates