MEIS applications for Shipping bills with Let Export date from 01.04.2019 to 31.03.2020 can be submitted without any late cut upto 30.09.2021

Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate  General of Foreign Trade
Udyog Bhawan, New Delhi

Public Notice No. 53 /2015-2020
Dated the 9th April 2021

Subject:  Late cut for MEIS applications for exports made in the Financial Year 2019-20

In exercise of powers conferred under paragraph 1.03 of the Foreign Trade Policy (2015- 2020), the Director General of Foreign Trade hereby inserts in the Handbook of Procedures, 2015-20 at the end of para 3.15 (a) as below:

“Further, MEIS applications for Shipping bills with Let Export date from 01.04.2019 to 31.03.2020 can be submitted without any late cut upto 30.09.2021. However  any  such application submitted after 30.09.2021, the last date for submitting applications shall be as per para 3.15 (a)  (i)  above and late cut applied accordingly.”

Effect of this Public Notice: A relaxation in the late cut provisions have been provided for Shipping bill (s) of the period 01.04.2019 to 31.03.2020 , so that if such shipping bills are submitted on or before 30.09.2021, for an MEIS claim, no late cut would be applicable.

(Amit Yadav)
Director General of Foreign Trade
Ex-Officio Additional Secretary to the Government of India
Email: dgft@nic.in

[Issued from File no. 01/61/180/288/AM20/PC -3 (Part 1)]

• Taxes on sales comprising in turnover to be excluded for estimating net profit
• Capital contribution deposited in assessee’s bank not partnership firm – Addition 69A upheld
• Bail granted to a CA accused in a GST evasion of more than 40 crores
• Every provision invoked casts a different onus, quoting wrong section prejudice the assessee
• Liability under MV Act can’t be decided on the grounds of sympathy alone – Supreme Court