Directorate General of Foreign Trade (DGFT) has issued Notification No 26 dated 16.09.2021 followed by trade notice No 22/2021-2022 dated 02.11.2021 wherein it has superseded the time limit under the Foreign Trade Policy and prescribed 31.12.2021 last date for filing application for the following scheme.
i. For MEIS (for exports made in the period (s) 01.07.2018 to 31.03.2019, 01.04.2019 to 31.03.2020 and 01.04.2020 to 31.12.2020),
ii. For SEIS (for service exports rendered in FY 18-19 and FY 2019-20),
iii. For 2 % additional ad hoc incentive (under para 3.25 of the FTP — for exports made in the period 01.01.2020 to 31.03.2020 only),
iv. For ROSCTL (for exports made from 07.03.2019 to 31.12.2020) and
v. for ROSL (for exports made up to 06.03.2019 for which claims have not yet been disbursed under scrip mechanism).
After 31.12.2021, no further applications would be allowed to be submitted and they would become time-barred. Late cut provisions shall also not be available for submitting claims at a later date.
- Team ADCA