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Home» Circulars» Dgft Mandatory Recording Of Information On Dgft Website About Transfer Of Meis Seis Scrips Issued From 14.01.2019 Onwards For Edi Ports Only

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DGFT - Mandatory recording of information on DGFT website about transfer of MEIS/SEIS Scrips issued from 14.01.2019 onwards (for EDI ports only)
 

 

 

 

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. India

Tel : +91 22 22021288 Website : www.//chemexcil.in

 


 

EPC/LIC/DGFT/MEIS                                                                                      14/01/2019

 

ALL THE MEMBERS OF THE COUNCIL

        

DGFT

 

Mandatory recording of information on DGFT website about transfer of MEIS/SEIS

Scrips issued from 14.01.2019 onwards (for EDI ports only)

 

 

Dear Members,

 

We would like to inform you  that the O/o Directorate General of Foreign Trade, New Delhi has issued Trade Notice no. 42/2018-19  dated 11/01/2019  regarding Mandatory recording of information on DGFT Website about transfer of MEIS/SEIS Scrips (EDI ports only).

 

As per the  trade notice,  it’s is envisaged to discontinue issuance of MEIS/ SEIS in physical form in future.  However,  it is important to  know the current owner of a MEIS/ SEIS scrip online, so that only the current owner is allowed to be used by customs  for duty payment.

 

In a move to improve ease of doing business and promoting Digital Processing, it is now mandatory for MEIS/SEIS issued on or after 14.01.2019 for all EDI Ports to record the transfer details of MEIS/SEIS Scrips.

 

Unless the Transfer details are recorded on DGFT Website, new owner (Transferee) will not be allowed by Customs to use the MEIS Scrip for duty payment.

 

The Procedure of registering the Transferee is provided in Annexure to Trade Notice 42/2015-20 Dated 11.01.2019 available for reference using below link-

 

S.No.

Notice No.

Year

Subject

Date

Details

1

42/2018-19

2018-19

Mandatory recording of information on DGFT website about transfer of MEIS/SEIS Scrips issued from 14.1.2019 onwards (for EDI ports only)

11/01/2019

Download (861.27 KB)

( http://www.dgft.gov.in/sites/default/files/Trade%20Notice%20No.%2042%20dt.%2011.01.2019_0.pdf )

 

Member-exporters (especially who don’t use, but sell MEIS) are requested to take note of this requirement and do the needful.   You can also send your feed-back/ concerns, if any, on ed@chemexcil.gov.in & deepak.gupta@chemexcil.gov.in

 

Thanking You,

Yours faithfully,

 

(S. G. BHARADI)
EXECUTIVE DIRECTOR

CHEMEXCIL

 

 

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