Extension of last date for submission of applications under certain Scrip based Schemes

Circular No. ES/265/2021-22 09^th March, 2022

VERY IMPORTANT

To: Members of the Council

Sub: Extension of last date for submission of applications under certain Scrip based Schemes

Dear Member,

As you are aware, O/o DGFT vide Notification No. 48/2015-2020 dated 31^st December, 2021 had earlier made amendments by inserting Para 3.13A in FTP 2015-2020 to specify the last date of submitting applications for MEIS, RoSCTL, ROSL and 2% additional ad hoc incentive under Para 3.25 of FTP for scrip based schemes as 31^st January, 2022, which was further extended to 28^th February, 2022 vide Notification No. 53/2015-2020 dated 01^st February, 2022.

Now, we are pleased to inform you that O/o DGFT has issued Notification No. 58/2015-2020 dated 7^th March, 2022 by making amendments in Para 3.04A(a) and Para 3.13A of FTP to further extend the last date of submitting applications for script-based schemes under MEIS (for exports made during 1^st April - 31^st December, 2020) and 2% additional ad hoc incentive (for exports made during 1^st January - 31^st March, 2020) to 30^th April, 2022 and for ROSCTL (for exports made during 7^th March, 2019 to 31^st December, 2020) and ROSL (for exports made upto 6^th March, 2019 for which claims have not yet been disbursed under scrip mechanism) to 15^th March, 2022.

Further, the provision related to prescribed allocation by the Govt. for MEIS claims amounting to Rs. 5,000 Cr. (as notified vide Notification No. 30/2015-2020 dated 1^st September, 2020) has been omitted.

The amended Para 3.04A(a) under Chapter 3 (Exports from India Schemes) of the FTP is as follows:

Existing Para 3.04A

Amended Para 3.04A

“The total reward which may be granted to an IEC holder under the Merchandise Exports from India Scheme (MEIS) shall not exceed Rs. 2 Crore per IEC on exports made in the period 01.09.2020 to 31.12.2020 [period based on Let Export Order (LEO) date of shipping bill(s)]. Any IEC holder who has not made any export with LEO date during the period 01.09.2019 to 31.08.2020 or any new IEC obtained on or after 01.09.2020 would not be eligible for submitting any claim for benefits under MEIS for exports made with effect from 01.09.2020. The aforesaid ceiling may be subject to further downward revision to ensure that the total claim under the Scheme for the period (01.09.2020 to 31.12.2020) does not exceed the allocation prescribed by the Government, which is Rs 5,000 Cr.”

The total reward which may be granted to an IEC holder under the Merchandise Exports from India Scheme (MEIS) shall not exceed Rs. 2 Crore per IEC on exports made in the period 01.09.2020 to 31.12.2020 [period based on Let Export Order (LEO) date of shipping bill(s)]. Any IEC holder who has not made any export with LEO date during the period 01.09.2019 to 31.08.2020 or any new IEC obtained on or after 01.09.2020 would not be eligible for submitting any claim for benefits under MEIS for exports made with effect from 01.09.2020.”

The amended Para 3.13A under Chapter 3 (Exports from India Schemes) of FTP is as follows:

Existing Para 3.13A

Amended Para 3.13A

“In supersession of the existing laid down provisions in the Hand Book of Procedures, 2015-20 with regard to last date for submitting online applications for scrip based claims, the last date for submitting online applications stands revised to 28^th February 2022 the following schemes i.e.

for MEIS (for exports made in the period (s) 01.07.2018 to 31.03.2019, 01.04.2019 to 31.03.2020 and 01.04.2020 to 31.12.2020),

for SEIS (for service exports rendered for FY 18-19 and FY 2019-20),
for 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)
for ROSCTL (for exports made from 07.03.2019 to 31.12.2020) and
for ROSL (for exports made upto 06.03.2019 for which claims have not yet been disbursed under scrip mechanism).

After 28.02.2022, no further applications would be allowed to be submitted and they would become time-barred. Late cut provisions shall also not be available for submitting claims at a later date.”

“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:

Scheme	Last date of submission of Application	Late Cut if submitted till the last date as in column 2 (as % age of Entitlement under 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.”

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

Thanking you,

Yours faithfully,

S. BALARAJU

EXECUTIVE DIRECTOR