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CHEMEXCIL
Basic Chemicals, Cosmetics & Dyes Export Promotion Council
(Set-up by Ministry of Commerce and Industry, Govt of India)
Jhansi Castle, 4th floor, 7-Cooperage Road, Mumbai – 400 001.
Tel : 91-22-22021288, 22021330 Fax : 91-22-22026684.
E-mail : info@chemexcil.in
Website : http://www.chemexcil.in
EPC/LIC/DGFT/MEIS 17th Sept 2021
TO,
ALL THE MEMBERS OF THE COUNCIL
DGFT
Last Date for Submitting applications for Scrip based FTP Schemes and validity
period of Duty Credit Scrips
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Dear Members,
The O/o Director General of Foreign Trade, New Delhi has issued Notification No. 26/2015-2020 dated 16th September 2021 regarding Last Date for Submitting applications for Scrip based FTP Schemes and validity period of Duty Credit Scrips.
Effect of this Notification:
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The last date of submitting applications under MEIS, SEIS, ROSCTL, ROSL and 2% additional ad hoc incentive (under para 3.25 of FTP) has been notified to be 31.12.2021, in supersession of any such provision in the Hand Book of Procedures, 2015-20 going forward.
After 31.12.2021, 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.
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SI no.
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Scheme
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Period of Exports (Let Export Date in the period) / Services rendered in the period
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Late Cut (as % age of
Entitlement under the
Scheme)
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1
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MEIS
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FY 2018-19 (01.07.2018 to 31.03.2019)
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10%
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2
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MEIS
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FY 2019-20 and FY 2020-21 (upto 31.12.2020)
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Nil
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3
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SEIS
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FY 2018-19
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5 %
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4
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SEIS
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FY 2019-20
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Nil
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5
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ROSCTL
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07.03.2019 to 31.12.2020
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Nil
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6
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ROSL
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Upto 06.03.2019
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Nil
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The validity of any scrip issued under FTP from the date of this Notification have been notified to be 12 months from the date of issue, in supersession of validity provisions in the Handbook of Procedures, 2015-20.
Members are requested to take note of this important notification/ revised timelines and do the needful expeditiously once the IT Application Module is activated. For full details, please refer to the said notification available on below link-
https://content.dgft.gov.in/Website/dgftprod/4e7dbaf3-91fe-4390-8ca8-2c2fda0be3bd/Notification%20No%2026%20English.pdf
Feed-backs if any may be sent to the council on e-mail id’s: dg@chemexcil.in and pw@chemexcil.in for records/ further deliberations if needed.
Thanking you.
Yours faithfully
Deepak Gupta
Acting Executive Director
CHEMEXCIL
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