Commence Ministry notifies last Date to submit applications under MEIS, SEIS, ROSCTL & ROSL schemes for exporters
The Government has issued notification to provide that the last date of submitting applications under various schemes such as MEIS, SEIS, ROSCTL, ROSL etc. is revised to 31st December, 2021. This notification is issued in supersession of the existing provisions in the Hand Book of Procedures, 2015-20 with regard to last date for submitting online applications for scrip based claims.
It has also been provided that after 31st December, 2021, no further applications would be allowed to be submitted and they would become time-barred. Further, it has been provided that the validity of any scrip issued under FTP on or after 16th September, 2021 shall be 12 months from the date of issue.
In supersession of the laid down provisions on applicable late cut as in para 9.02 of the HBP, the new late cut for applications submitted upto 31.12.2021 as indicated above shall be:
|Sl.No||Scheme||Period of Exports (Let Export Date in the period) / Services rendered in the period||Late Cut (as % age of
Entitlement under the
|FY 2018-19 (01.07.2018 to 31.03.2019)||10%|
|FY 2019-20 and FY 2020-21 (upto 31.12.2020)||Nil|
|5.||ROSCTL||07.03.2019 to 31.12.2020||Nil|
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