Executive Summary:
This public notice, issued by the Directorate General of Foreign Trade on May 14, 2019, amends Para 3.01b of the Handbook of Procedures 2015-2020 regarding Merchandise Exports from India Scheme (MEIS) rewards. The notice outlines revised procedures for claiming rewards on exports through courier or foreign post offices using e-commerce, and for exports where e-BRC is not generated by banks. These changes require online application submissions and linking of relevant documents, with specific provisions for cases involving INR payments and OFAC listed countries.
Key Points / Main Content:
MEIS Reward Application Process:
* Applications for claiming MEIS rewards on exports via courier or foreign post offices using e-commerce must be filed online.
* Digital signatures are required for online submissions on the DGFT website (http://dgft.gov.in) via ANF 3A.
* Relevant shipping bills and e-BRC must be linked with the online application.
Specific Cases:
* If e-BRC is generated in INR and payment is under Para 2.52b of FTP, a letter from the concerned bank confirming payment via Vostro Mechanism must be submitted to the concerned RA.
* For shipments to OFAC listed countries where e-BRC could not be generated, the exporter must submit a declaration and a self-attested copy of payment proof (e.g., Foreign Inward Remittance Certificates/Statements) to the RA.
Application Processing:
* RAs will process applications after receiving the required documents in hard copy.
Impact Analysis:
Exporters:
* Impact: Changes in the procedure for claiming MEIS benefits, particularly for exports realized under Para 2.52 b of the FTP and for exports in which e-BRC is not generated by banks.
* Action Required:
* File MEIS reward applications online with digital signatures.
* Link shipping bills and e-BRC to the online application.
* Provide a bank letter confirming Vostro Mechanism payment (if applicable).
* Submit a declaration and payment proof for shipments to OFAC listed countries (if applicable).
* Submit hard copies of required documents to the RAs.
Regional Authorities (RAs):
* Impact: New responsibilities in processing MEIS reward applications according to the amended procedures.
* Action Required:
* Ensure online applications are complete with linked documents.
* Verify bank letters for INR payments via Vostro Mechanism.
* Review exporter declarations and payment proofs for shipments to OFAC listed countries.
* Process applications only after receiving hard copies of required documents.
Banks:
* Impact: Requirement to provide letters confirming payment through Vostro Mechanism for e-BRC generated in INR and payment is under Para 2.52b of FTP.
* Action Required:
* Issue letters confirming payment through Vostro Mechanism when requested by exporters.
Key Entities Referenced
Foreign Trade Policy 2015-2020: A policy document governing import and export regulations.
Director General of Foreign Trade (DGFT): The authority responsible for making amendments to the Handbook of Procedures and implementing foreign trade policy.
Handbook of Procedures 2015-2020: A document providing detailed procedures related to the Foreign Trade Policy.
MEIS (Merchandise Exports from India Scheme): A scheme providing rewards for exports, mentioned in the context of claiming benefits.
ANF 3A: Application form related to claiming rewards under MEIS on exports.
EBRC (Electronic Bank Realisation Certificate): A certificate generated by banks, related to the realisation of export proceeds.
Vostro Mechanism: A payment mechanism through which payments are received.
OFAC List: Sanctions list for countries and entities.
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MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
PUBLIC NOTICE
New Delhi, the 14th May, 2019
No. 8/2015-20
Subject: Amendment in the Para 3.01(b) of the Handbook of Procedures
F. No. 01/61/180/84/AM19/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 Para
3.01(b) of the Handbook of Procedures, 2015-20.
Current Para 3.01 (b) Amended Para 3.01 (b)
(b) An application for claiming rewards (b) An application for claiming rewards under MEIS on exports (other than
under MEIS on exports (other than Export Export of goods through courier or foreign post offices using e-Commerce)
of goods through courier or foreign post shall be filed online, using digital signature, on DGFT website at
offices using e-commerce), shall be filed http://dgft.gov.in with RA concerned in ANF 3A. The relevant shipping
online, using digital signature, on DGFT bills and e BRC shall be linked with the online application.
website at http://dgft.gov.in with RA However, if
concerned in ANF 3A. The relevant i. E-BRC has been generated in INR and payment is under Para
shipping bills and e BRC shall be linked 2.52(b) of the FTP, a letter from the concerned bank is
with the online application. required to be submitted to the concerned RA confirming that
the payment has been received through Vostro Mechanism,
or
ii. The shipment has been made to countries which are in OFAC
list and e BRC could not be generated by the concerned bank,
a declaration to that effect by the exporter along with a self
attested copy of the proof of payment such as Foreign Inward
Remittance Certificates/Statements etc is required to be
submitted to the RA,¹Hkkx Iµ[k.M 1º Hkkjr dk jkti=k % vlk/kj.k 3
The RAs would process the application under (i) and (ii) above, after
the required documents are submitted in hard copy to the RAs.
Effect of this Public Notice: Procedure for claiming MEIS benefits for exports realized under Para 2.52 (b) of the FTP
and for exports in which e BRC is not generated by banks has been notified.
ALOK VARDHAN CHATURVEDI, Director General of Foreign Trade
& Ex-Officio Addl. Secy.
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.