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 regarding supplementary claims for benefit under MEIS. As per existing para 9.03 whenever any application for a supplementary claim is received, within a specified time limit, such application may also be considered after imposing a cut @2% on the entitlement. However, no supplementary claims for scrips under chapter 3 of the FTP 2015-20 would be admissible.
Now, the above Para has been amended 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.
Complete Public Notice can be accessed at: http://www.a2ztaxcorp.com/wp-content/uploads/2019/08/PN-23-dt.-05.08.2019-English_0.pdf