Home India Ministry of Commerce and Industry In exercise of powers conferred under paragraph 103 of the F...
Date: 2021-04-12 Category: Extra Ordinary State: Union Government Country: India

In exercise of powers conferred under paragraph 103 of the Foreign Trade Policy

Issued by Ministry of Commerce and Industry · Department of Commerce

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Executive Summary & Key Takeaways

## Report on Public Notice No. 53/2015-2020 Regarding MEIS Applications **1. Executive Summary:** This report analyzes Public Notice No. 53/2015-2020 issued by the Directorate General of Foreign Trade (DGFT) on April 9, 2021. This public notice constitutes an amendment to the Handbook of Procedures 2015-20, specifically concerning the submission of Merchandise Exports from India Scheme (MEIS) applications. The amendment provides a relaxation in the late cut provisions for shipping bills with "Let Export" dates between April 1, 2019, and March 31, 2020, allowing submission without late penalties until September 30, 2021. The core purpose is to provide relief to exporters by waiving late cut penalties for a specific period under MEIS. **2. Introduction:** This report aims to provide a comprehensive overview of Public Notice No. 53/2015-2020 issued by the DGFT, focusing on its implications for exporters and related stakeholders. The analysis is based solely on the information provided within the document itself. **3. Policy Overview:** * **Amendment:** This public notice amends the Handbook of Procedures 2015-20 related to the Foreign Trade Policy 2015-2020. * **Core Objective:** To provide a relaxation in late cut provisions for MEIS applications for specific shipping bills (dated 01.04.2019 to 31.03.2020) and waive late penalties if submitted before or on September 30, 2021. **4. Background and Rationale:** This amendment likely addresses potential difficulties faced by exporters in submitting MEIS applications within the initially prescribed timelines. The provided text strongly implies that the original policy had late cut penalties, and this amendment offers a temporary reprieve from those penalties for a specific period. This suggests a possible disruption or delay impacting exporters' ability to file claims promptly for the financial year 2019-20. **5. Key Provisions / Changes:** This public notice introduces the following changes to the Handbook of Procedures 2015-20: * **Specific Change:** A temporary relaxation in the late cut provisions concerning MEIS applications. * **New Rule/Provision:** MEIS applications for shipping bills with "Let Export" dates between April 1, 2019, and March 31, 2020, can be submitted without any late cut penalty until September 30, 2021. * **Effect of Change:** For eligible shipping bills submitted on or before September 30, 2021, no late cut penalty will be applied to MEIS claims. After this date, the original late cut rules (as per para 3.15 a i) will apply. Effectively, it grants an extension for submitting claims without incurring late fees. **6. Target Audience and Stakeholders:** The primary target audience is exporters who have shipped goods with "Let Export" dates between April 1, 2019, and March 31, 2020, and are eligible for MEIS benefits. Related stakeholders include customs brokers, trade consultants, and government agencies involved in processing MEIS claims. **7. Implementation Aspects (Inferred):** * **Responsible Agency:** The Directorate General of Foreign Trade (DGFT) is the responsible body for implementing this amendment. * **Timelines:** A clear timeline is specified: Shipping bills falling within the specified period (01.04.2019 - 31.03.2020) must be submitted on or before September 30, 2021, to avoid late cut penalties. * Exporters must ensure that MEIS applications are submitted by the specified date to avail of the relaxation. **8. Expected Outcomes / Impact of Changes:** The intended outcome of this amendment is to provide relief to exporters facing difficulties in submitting MEIS applications within the original deadlines. By waiving late cut penalties for the specified period, the amendment aims to facilitate the timely processing of MEIS claims and ensure exporters receive the benefits they are entitled to. It may also lead to an increase in MEIS application submissions before the deadline. **9. Conclusion:** Public Notice No. 53/2015-2020 offers a crucial relaxation in late cut provisions for MEIS applications related to exports made during the financial year 2019-20. This amendment provides a window of opportunity for exporters to submit their claims without incurring penalties, thereby promoting ease of doing business and supporting export activities. The temporary nature of this relaxation emphasizes the importance of adhering to the specified deadline of September 30, 2021.

Key Entities Referenced

Foreign Trade Policy 2015-2020: A trade policy referenced in the notification regarding powers conferred to the Director General of Foreign Trade. Directorate General of Foreign Trade: An organization responsible for foreign trade, headed by the Director General, and issuing the public notice. Handbook of Procedures, 2015-20: A document related to foreign trade procedures, which is being amended by the public notice. MEIS: Merchandise Exports from India Scheme. Applications for this scheme are being addressed in the notice. Financial Year 2019-20: The financial year for which the MEIS applications are being considered with respect to late submission. Amit Yadav: Director General of Foreign Trade & Ex-Officio Addl. Secy. Ministry of Commerce and Industry: The government ministry under which the Department of Commerce and Directorate General of Foreign Trade operate. Department of Commerce: A department within the Ministry of Commerce and Industry. New Delhi: Location of Public Notice Publication Mayapuri, New Delhi: Location of Dte. of Printing at Government of India Press Delhi: Location of Controller of Publications
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रिज(cid:7021)(cid:7069)ी स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-12042021-226528 CG-DL-Exx-x1G2I0D4H2xx0x2 1-226528 xxxGIDExxx असाधारण EXTRAORDINARY भाग I—ख(cid:7003)ड 1 PART I—Section 1 (cid:7079)ािधकार से (cid:7079)कािशत PUBLISHED BY AUTHORITY सं. 125] नई (cid:7408)द(cid:7016)ली, सोमवार, अ(cid:7079)ैल 12, 2021/चै(cid:7074) 22, 1943 No. 125] NEW DELHI, MONDAY, APRIL 12, 2021/CHAITRA 22, 1943 ubZ fnYyh] 9 vizSy] 2021 -—fons k O;kikj uhfr ¼2015&2020½ ds iSjk 1-03 ds rgr iznÙk “kfDr;ksa dk iz;ksx djrs gq,] egkfun kd fons k O;kikj ,rn~}kjk izfØ;k iqLrd] 2015&20 ds iSjk 3-15¼d½ ds var esa fuEufyf[kr dks kkfey djrs gSa% Þblds vykok] fnukad 01-04-2019 ls 31-03-2020 rd dh vuqer fu;kZr frfFk okyss f'kfiax fcyksa ds fy, ,ebZvkbZ,l vkosnuksa dks 30-09-2021 rd fcuk fdlh foyac dVkSrh ds izLrqr fd;k tk ldrk gSA rFkkfi] 30-09-2021 ds ckn izLrqr fd, tkus okys ,sls fdlh vkosnu ds ekeys esa] vkosnuksa dks izLrqr dju s dh vafre frfFk mi;qZDr iSjk 3-15¼d½ ¼i½ ds vuqlkj gksxh vkSj rn~uqlkj foyca dVkSrh ykxw gksxhAß fnukad 01-04-2019 ls 31-03-2020 rd dh vof/k ds f”kfiax fcy ¼fcyksa½ gsrq foyac dVkSrh ds izko/kkuksa esa NwV nh xbZ gS rkfd ;fn ,sls f'kfiax fcy ¼fcyksa½ dks ,ebZvkbZ,l nkos gsrq fnukad 30-09-2021 dks vFkok blls iwoZ izLrqr fd;k tkrk gS rks dksbZ foyac dVkSrh ykxw ughsa gksxhA vfer ;kno] egkfuns'kd] fons'k O;kikj ,oa insu vij lfpo 2195 GI/2021 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC.1] MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) PUBLIC NOTICE New Delhi, the 9th April 2021 No. 53 /2015-2020 Subject : Late cut for MEIS applications for exports made in the Financial Year 2019-20 F. No. 01/61/180/288/AM20/PC-3 (Part 1).—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 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.

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