The Synthetic & Rayon Textiles Export Promotion Council

Provision for claiming additional benefits under MEIS for HS Codes for which rates were enhanced with a retrospective effect.

Circular No.ES/109/2019-20                                                          August 9, 2019          

To: Members of the Council              

Sub.: Provision for claiming additional benefits under MEIS for HS Codes for which rates were enhanced with a retrospective effect.

Dear Member,

As you are aware, DGFT had made amendments in Para 9.03 of Hand Book of Procedures related to supplementary claims vide Public Notice No.16 dated 28th June, 2018.

Now DGFT has issued Public Notice No. 23/2015-2020 dated 5th August, 2019 by making further  amendments in Appendix 3B, Table 2 which was notified vide Public Notice No. 2 dated 1st April, 2015-20. As per the Public Notice DGFT has incorporated a provision enabling issue of additional benefits under MEIS for HS Codes, for which enhanced rates under MEIS were notified with a retrospective effect, in the Handbook of Procedures 2015-20.

The amended Public Notice is given here–below:      

Existing Para 9.03 of HBP 2015-20  

(as amended vide Public notice 16 dated 28.06.2018)

Amended Para 9.03 of HBP 2015-20 Supplementary Claims

 

9.03 Supplementary Claims

 

Wherever any application for supplementary claim is received, within specified time limits, such application may also be considered after imposing a cut @2% on the entitlement. However, no supplementary claims for scrips under chapter 3 of the FTP 2015-20 would be admissible.

 

9.03 Supplementary Claims

 

  1. Wherever any application for supplementary claim is received, within specified time limits, such application may also be considered after imposing a cut @2% on the entitlement.

 

  1. Supplementary claims would be admissible under MEIS, only for certain HS Codes, for which rates under MEIS have been enhanced with a retrospective effect based on guidelines issued in this regard. In such cases, the supplementary cut @2% as in 9.03 (i) above shall not be applied.

 

  1. Supplementary claim under Chapter 3 of the FTP 2015-20 for any other reason would not be admissible.

 

Members may kindly make a note of the above amendments.

Thanking you,            

Yours faithfully,

S.BALARAJU
EXECUTIVE DIRECTOR