The Directorate General of Foreign Trade (“DGFT”) vide Public Notice. 23/2015-2020 dated August 5, 2019 has made amendments in Para 9.03 of Appendix 3B, Table 2 as notified vide Public Notice 02 dated April 1, 2015 to incorporate 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 procedure, 2015-20.
Further, in order to enable such exporters to claim the differential 2% rates as enhanced the DGFT Vide Trade Notice No. 28/2019-20 dated August 5, 2019 elaborates the following procedure for compliance by the RAs and the Exporter/ Applicants:
- The Exporter/ Applicant would submit a letter to the concerned RA with a statement of the shipping bills along with corresponding file no. from which MEIS has already been issued, for which additional claims under MEIS is being claimed for the relevant HS Codes.
- Based on the letter, the RA would open a supplementary file from the same file number in the E-com module. (The necessary e com module modifications have been done by the MC)
- The RA would then check the eligibility for an additional claim and fill the differential rate manually in the relevant field for the relevant HS Codes at the item
- After approval at the level of the Deputy DGFT, RA would issue the scrip for the supplementary file. This scrip would be issued in the paperless form and the scrip owner would be required to record its transfer online as is the current practice.
- No additional documents are required to be submitted by the exporters/ applicants to the RAs in the process after the applicant has submitted the letter with the statement of shipping bills as in (i) above.
- Such scrips would be utilized just like the other MEIS scrips. The mechanism of data transmission of such scrips to Customs/ ICEGATE has been worked out.
Complete Trade Notice can be accessed at: http://www.a2ztaxcorp.com/wp-content/uploads/2019/08/Trade-Notice_0.pdf