Executive Summary:
This Public Notice, issued by the Directorate General of Foreign Trade on May 11, 2018, announces amendments to Appendix 3B of the Foreign Trade Policy 2015-20. It revises MEIS rates for specific ITC HS codes and services, extending certain rates beyond June 30, 2018. The changes are effective from specified dates in 2017 and 2018.
Key Points / Main Content:
MEIS Rate Revisions:
* Enhanced MEIS rates for specified ITC HS codes are valid from November 1, 2017, to June 30, 2018.
* Revised rates under Public Notice 44/2015-20, dated December 5, 2017, are applicable for exports made from November 1, 2017, to June 30, 2018.
* The heading of Column 5 in Para 2 of Public Notice 2/2015-2020 is amended to reflect MEIS rates from November 1, 2017, onwards, instead of until June 30, 2018 (Dated May 1, 2018).
Services and Rewards:
* Services and rates of rewards as per the Annexure to Public Notice 45/2015-20, dated December 5, 2017, are applicable for service exports made between April 1, 2017, and March 31, 2018.
* Service rates are subject to review from April 1, 2018, with rates for FY 2018-19 as per Column Number 5 of the Annexure to Public Notice 45/2015-20, dated December 5, 2017.
Continuation of Rates:
* Rates for items under MEIS Appendix 3B service categories in Appendix 3D, which were enhanced in the Mid-Term Review, are continued beyond June 30, 2018.
Impact Analysis:
Exporters:
* Impact: Changes in MEIS rates affect the incentives received for exports of specific goods and services.
* Action Required: Review the revised MEIS rates for applicable ITC HS codes and service categories to determine the impact on export earnings and adjust financial projections accordingly.
Service Providers:
* Impact: Revisions to service export reward rates affect the profitability of services rendered.
* Action Required: Review the applicability of reward rates for service exports made between April 1, 2017, and March 31, 2018, and note the review of service rates effective from April 1, 2018, for FY 2018-19.
Directorate General of Foreign Trade:
* Impact: Responsible for implementing and monitoring the amended Foreign Trade Policy.
* Action Required: Ensure the updated MEIS rates and service reward rates are accurately reflected in relevant systems and communicate changes effectively to stakeholders.
Key Entities Referenced
Foreign Trade Policy 2015-2020: A government policy related to import and export regulations and guidelines.
Appendix 3B: A specific appendix within the Foreign Trade Policy 2015-2020, subject to amendments in the public notice.
Directorate General of Foreign Trade: The issuing authority for the public notice, responsible for foreign trade regulations.
Alok Vardhan Chaturvedi: Director General of Foreign Trade.
MEIS: Merchandise Exports from India Scheme. It seems rates for items were amended under MEIS.
Appendix 3D: Another appendix within the Foreign Trade Policy 2015-2020. It refers to Service categories.
New Delhi: The location where the Public Notice was issued. New Delhi, Delhi, India
ITC HS Codes: Indian Trade Clarification based on Harmonized System of Nomenclature. Codes that are enhanced as per column 4
jftLVªh laö Mhö ,yö&33004@99 REGD. NO. D. L.-33004/99
vlk/kj.k
EXTRAORDINARY
Hkkx I—[k.M 1
PART I—Section 1
izkf/dkj ls izdkf'kr
PUBLISHED BY AUTHORITY
la- 173] ubZ fnYyh] 'kqØokj] ebZ 11] 2018@ oS'kk[k 21] 1940
No. 173] NEW DELHI, FRIDAY, MAY 11, 2018/VAISAKHA 21, 1940
okf.kT; ,oa m|ksx ea=ky;
¼okf.kT; foHkkx½
¼fons'k O;kikj egkfuns'kky;½
lkoZtfud lwpuk
ubZ fnYyh] 11 ebZ] 2018
la- 07@2015&2020
fo"k; % fons'k O;kikj uhfr 2015&20 ds ifjf'k"V&3 [k esa la'kks/kuA
Qk- la- 1@61@180@68@,,e15@ihlh&3-—fon's k O;kikj uhfr 2015&2020 d s ijS kxzkQ 1-03
d s rgr iznÙk 'kfDr;k sa dk iz;kxs djr s g,q ] egkfun's kd fon's k O;kikj ,rn~}kjk bl egkfun's kky; }kjk iow Z
e sa tkjh fuEufyf[kr lkoZtfud lpw ukvk sa e sa fuEufyf[kr l'a kk/s ku djr s gSAa
Øå lkotZ fud lpw uk lkotZ fud lpw uk d s vuqlkj ekStnw k iSjk lkotZ fud lpw uk e sa l'a kksf/kr iSjk
låa l[a ;k
1 42@2015&20 2- fuEufyf[kr vkbVZ hlh ,p,l dkMs k sa ^^01-11-2017 l s vkx s fu;kZr d s fy,
fnukda 24-11-2017 d s fy, ,ebvZ kb,Z l nj sa dkWye 4 d s fuEufyf[kr vkbZVhlh ,p,l dkMs k sa d s fy,
vuqlkj c<+kb Z xb Z gS]a rFkkfi ; s nj sa 01-11- ,ebvZ kb,Z l nj sa dkWye 4 d s vuqlkj c<+kb Z
2017 l s 30-06-2018 rd o/S k jgxsa hA tkrh gS]a
2 44@2015&20 2- ^^--- bl lkotZ fud lpw uk d s rgr 2- ^^--- bl lkotZ fud lpw uk d s rgr
fnukda 05-12-2017 l'a kksf/kr nj sa fnukda 01-11-2017 l s 30-06- l'a kksf/kr njs a fnukda 01-11-2017 l s vkx s
2018 rd fd, x, fu;kZr ds fy, ykx w fd, x, fu;kZr d s fy, ykx w gkxsa hA
gkxsa hA
3 2@2015&2020 iSjk 2 dkWye ¼5½ dk 'kh"k&Z ^^01-11-2017 iSjk 2 dkWye ¼5½ dk 'kh"k^Z^
fnukda 01-05-2018 l s 30-06-2018 rd d s fy, ,ebvZ kb,Z l 01-11-2017 l s vkx s d s fy, ,ebvZ kb,Z l
nj^^ nj^^
2611 GI/2018 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1]
4 45@2015&20 Ikfjf'k"V 3 ?k dk vuyq Xud Ikfjf'k"V 3 ?k dk vuyq Xud
fnukda 05-12-2017
fVIi.kh 1 % bl lkotZ fud lpw uk d s fVIi.kh 1 % lkotZ fud lpw uk låa
vuyq Xud d s vuqlkj lsokvk sa vkSj 45@2015&20 fnukda 05-12-2017 d s
ifzrQyk sa dh nj sa dsoy 01-04-2017 l s 31- vuyq Xud d s vuqlkj lsokvks a vkSj izfrQyk sa
03-2018 d s chp fd, x, lsok fu;kZr d s dh nj sa 01-04-2017 l s 31-03-2018 d s chp
fy, ykx w gkxsa hA lsok@nj dh lpw h fd, x, lsok fu;kZr d s fy, ykx w gkxsa hA
fnukda 01-04-2018 l s leh{kk d s v/khu lkFk gh] foÙkh; o"k Z 2018&19 l s iHz kkoh
gSA lsokvk sa dh nj sa lkotZ fud lpw uk
45@2015&20 fnukda 05-12-2017 d s
vuqYkXud d s dkWye låa 5 e sa mfYYkf[kr
njk sa d s vuqlkj gksaxhA
lkoZtfud lwpuk dk izHkko% ifjf'k"V 3 [k e sa ,ebZvkbZ,l@ifjf'k"V 3 ?k e sa lsok Jfs.k;k sa d s rgr enk sa
dh nj sa ftUg sa e/;kof/k leh{kk e sa c<+k;k x;k Fkk] 30-06-2018 l s vkx s Hkh tkjh jgxsa hA
vkykds o/kZu prqosZnh] egkfun's kd fon's k O;kikj
MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
(DIRECTORATE GENERAL OF FOREIGN TRADE)
PUBLIC NOTICE
New Delhi, the 11th May, 2018
No. 07/2015-2020
Subject : Amendments in Appendix 3B of the Foreign Trade Policy 2015-20.
F. No. 01/61/180/68/AM15/PC-3.—In exercise of powers conferred under paragraph 1.03 of the Foreign
Trade Policy 2015-2020, the Director General of Foreign Trade hereby makes the following amendments in the
following Public Notices issued earlier by this Directorate
Sl no. Public Notice Existing Para as per Public notice Amended para in the Public Notice
Number
1 42 / 2015-20 2. MEIS rates for the following ITC 2. MEIS rates for the following ITC HS
Dated 24.11.2017 HS Codes are enhanced as per Codes are enhanced as per column 4, for
column 4, however these rates shall exports from 01.11.2017 onwards”
be valid from 01.11.2017 to
30.06.2018
2 44/ 2015-20 2. “…. The revised rates under this 2. “…The revised rates under this Public
Dated 05.12.2017 Public Notice shall be applicable for Notice shall be applicable for exports
exports made w.e.f. 01.11.2017 to made w.e.f. 01.11.2017 onwards”
30.06.2018”
3 2/ 2015-2020 Para 2. Heading of Column (5) – Para 2. Heading of Column (5) –“MEIS
Dated 01.05.2018 “MEIS Rate from 01.11.2017 to rate from 01.11.2017 onwards”
30.06.2018”
4 45/ 2015-20 Annexure to Appendix 3D Annexure to Appendix 3D
Dated 05.12.2017
Note 1: The services and rates of Note 1: The services and rates of rewards
rewards as per the Annexure to this as per the Annexure to Public Notice
Public Notice shall be applicable for 45/2015-20 dated 05.12.2017 shall be
services export made between applicable for services export made
01.04.2017 to 31.03.2018 only. The between 01.04.2017 to 31.03.2018. And,¹Hkkx Iµ[k.M 1º Hkkjr dk jkti=k % vlk/kj.k 3
list of services/ rate is subject to the rates for services w.e.f. financial year
review with effect from 01.04.2018 FY 2018-19 would be as per the rates
mentioned in the Column Number 5 of
the Annexure to the Public Notice
45/2015-20 dated 05.12.2017
Effect of Public Notice : The rates for items under MEIS Appendix 3B / Service categories in Appendix 3D
which were enhanced in the Mid Term Review are continued beyond 30.06.2018.
ALOK VARDHAN CHATURVEDI, Director General of Foreign Trade
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.