Government of India
Ministry of Commerce & Industry
Department of Commerce
Subject: Extension of last date for submission of applications under certain Scrip based Schemes
In exercise of the powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with Para 1.02 of the Foreign Trade Policy, 2015-20, the Central Government hereby makes the following amendments in the Foreign Trade Policy 2015-20 , as notified vide Notification no. 30 dated 01.09.2020 and Notification no. 53 dated 01.02.2022 with immediate effect, as below:
1. Amendment in Para 3.04 A of FTP 2015-20, as notified vide Notification No. 30 dated 01.09.2020:
2. Amendment in Para 3.13A of FTP 2015-20:
i. 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),
ii. for SEIS (for service exports rendered for FY 18-19 and FY 2019-20),
iii. 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)
iv. for ROSCTL (for exports made from 07.03.2019 to 31.12.2020) and
v. 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.
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.
Effect of this Notification: The last date for submitting applications under MEIS (for exports made in the period - 01.04.2020 to 31.12.2020), ROSCTL, ROSL and 2% additional ad hoc incentive (under para 3.25 of FTP, only for exports made in the period 01.01.2020 to 31.03.2020) has been extended . The provisions as notified vide Notification No. 30 dated 01.09.2020 with regard to allocation of Rs 5,000 Cr. stand omitted.
(Santosh Kumar Sarangi)
Director General of Foreign Trade
Ex officio Additional Secretary to the Government of India
E-mail :dgft@nic.in
[Issued from File No. 01/61/180/288/AM20/PC3 (Part-1)]