This Directorate had received references from Directorate of Revenue Intelligence and various exporters on the subject of incorrectly issued simultaneous

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- 293] ubZ fnYyh] c`gLifrokj] flrEcj 8] 2016@Hkkæ 17] 1938 No. 293] NEW DELHI, THURSDAY, SEPTEMBER 8, 2016/BHADRA 17, 1938 okf.kT; ,oa m|¨x ea=ky; ¼okf.kT; foÒkx½ ¼fons’k O;kikj egkfuns’kky;½ lkoZtfud lwpuk ubZ fnYyh] 8 flrEcj] 2016 la- 30@2015&2020 fo"k;%&fons’k O;kikj uhfr] 2015&2020 ds iSjk 2-04 ds rgr iznÙk ’kfDr;ksa dk iz;ksx djrs gq, egkfuns’kd] fons’k O;kikj }kjk fons’k O;kikj uhfr] 2009&14 esa ’kwU; ’kqYd bZihlhth rFkk ,l ,p vkbZ ,l ds xyr :i ls lkFk&lkFk ykHk tkjh gksus ds ekeys esa viuk;h tkus okyh izfdz;k dh vf/klwpukA Qk- la- 01@61@180@41@,,e&13@ihlh&3 (Hkkx).—bl fun's kky; dk s fon's k O;kikj uhfr 2009&14 d s rgr Lrj/kkjd izkRs lkgu Ldhe (,l,pvkbzZ,l) vkSj 'kUw ; 'kqYd bZihlhth izkf/kdkj i= dk lkFk&lkFk ykHk xyr :i l s tkjh gkus s d s fo"k; ij jktLo vklpw uk egkfun's kky; rFkk fofHkUu fu;kZrdk sa l s i= izkIr g,q FkAs ;g eqn~nk fon's k O;kikj uhfr d s iSjk 5-1¼[k½ vkSj izfd;z k iqLrd 2009&14 d s iSjk 3-10-3 ([k) l s lca fa/kr gSA jktLo foHkkx d s ijke'kZ l s bl fun's kky; }kjk vH;kons uk sa dh tkpa dj yh xbZ gS vkSj ;g fu.kZ; fy;k x;k gS fd mu fu;kZrdk sa dk s bl lkoZtfud lpw uk e sa fofufnZ"V lhek rd nkus k sa Ldhek sa e sa ,d Ldhe dk p;u dju s dk fodYi iznku fd;k tk,xk ftUg s bu Ldhek sa dk ,slk ,d&lkFk ykHk iznku fd;k x;k gS ;k ftUgkusa s ykHk ikzIr fd;k gAS nkus ka s e sa l s ,d ykHk okil dju s dk fodYi fuEufyf[kr d s v/khu gkxs k%& d- ,l,pvkbZ,l okil djuk ,l,pvkbZ,l (fLIyV~l lfgr) okil fd, tku s d s ekey s es a ewy /kkjd }kjk viz;qDr ,l,pvkbZ,l (v'a k ;k i.w kZ) ml s lkiSa h tk ldrh gS ftl s eyw ,l,pvkbZ,l fLdzi d s vH;iZ.k }kjk ;g ,l,pvkb,Z l tkjh dh x;h FkhA ,l,pvkbZ,l dh jkf'k ftldk eyw vkons d ftl s ,l,pvkb,l tkjh fd;k x;k Fkk ¼ftlu s ,l,pvkb,Z l dk gLrkarj.k ugh a fd;k gS) }kjk mi;kxs fd;k x;k gS] eyw vkons d }kjk ,l,pvkbZ,l d s tkjh gkus s dh rkjh[k l s lhek 'kYq d vf/kfu;e dh /kkjk 28dd d s rgr fu/kkZfjr nj ij C;kt lfgr udn :i e sa ykSVk;h tk,xhA 4363 GI/2016 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1] ,l,pvkbZ,l dh jkf'k ftldk eyw vkons d }kjk gLrkarj.k fd;k x;k gS] dk s ,l,pvkbZ,l dh iz;qDr jkf'k d s :i e sa ekuk tk,xk rFkk rnuqlkj eyw vkons d }kjk /ku okilh rFkk C;kt Hkqxrku d s iz;kts ukFkZ ekuk tk,xkA mu ekeyk sa e sa ftue sa rRdky fiNy s o"kZ d s fu;kZr d s vk/kkj ij ,l,pvkbz,l tkjh dh x;h Fkh vkSj fQj 'kUw ; 'kqYd bZihlhth Hkh tkjh fd;k x;k Fkk rFkk fu;kZrd ,l,pvkbZ,l okil djuk pkgrk gS rk s ,l,pvkbZ,l d s ‘igy’s okilh dh 'krZ lca /a kh ,QVhih@,pchih izko/kkuk sa e sa NVw nsu s d s fy, egkfun's kd] fon's k O;kikj }kjk lxa r lfefr d s ijke'kZ l s fon's k O;kikj uhfr 2015&2020 d s iSjk 2-58 d s rgr 'kfDr;k sa dk iz;kxs fd;k tk,xkA [k- 'kUw ; 'kqYd bZihlhth@fu;kZr i'pkr bZihlhth okil djuk tc 'kUw ; 'kqYd bZihlhth (vFkkZr lHkh lxa r izkf/kdkj i=) okil fd;k tkuk gk s rk s ifjR;Dr 'kYq d dh lerqY; jkf’k fu/kkZfjr nj d s vuqlkj C;kt lfgr udn okil dh tk,xh& (d) bZihlhth vf/klpw uk e sa nj ;fn ykSVk;h x;h biZ hlhth dk lgh rjhd s l s ykHk izkIr fd;k x;k gkAs ([k) lhek'kqYd vf/kfu;e dh /kkjk 28dd d s rgr nj ;fn fu;kZrd }kjk ykSVk;k x;k biZ hlhth dk xyr rjhd l s ykHk fy;k x;k gkAs viz;qDr 'kUw ; 'kqYd bZihlhth (iwjh vFkok vkfa'kd) dk s okil fd;k tk ldrk gSA bld s vykok] 'kUw ; 'kqYd bZihlhth dk s okil dju s (vFkkZr lHkh lca fa/kr izf/kdkj i=k sa dk s okil dju)s dh ctk, fu;kZrd 17&4&2013 rd tkjh dh xbZ 'kUw ; 'kqYd biZ hlhth dk s eky dh Lohdf`r dh frfFk l s Hkxq rku dh frfFk rd varj 'kqYd rFkk ykx w C;kt (/kkjk 28dd d s rgr fu/kkfZjr nj ij) dk Hkqxrku djd s 3 izfr'kr biZ hlhth (ik=rk d s v/khu) e sa ifjofrZr dju s dk fodYi iqu% izkIr dj ldrk gSA ,sl s ekeyk sa e sa ,l,pvkbZ,l fLØi dk s okil dju s dh vko';drk ugh a gksrh gSA ;g fodYi rc miyC/k ugh a gkxs k tc 'kUw ; 'kqYd bZihlhth dk Mhth,QVh }kjk igy s gh ekps u fd;k x;k gkAs tc 'kUw ; 'kqYd i'p fu;kZr bZihlhth dk s okil fd;k tk,xk rc izkf/kdkj&i= (i=k)sa dk s okil djuk gkxs kA ;fn ,sl s 'kUw ; 'kqYd i'p fu;kZr biZ hlhth izkf/kdkj i= (i=k)sa gsrq dkbs Z lca fa/kr M;Vw h dfzsMV fLdiz tkjh dh xbZ gS a rk s viz;qDr gkus s ij ml s okLrfod /kkjd }kjk (okLrfod M;Vw h fLdiz k sa dk s okil djd)s ykSVk;k tk ldrk gSA ,slh i'p fu;kZr bZihlhth fLdiz (fLdiz k)sa dh jkf'k ftl s okLrfod vkons d }kjk iz;qDr fd;k x;k gS mldh udn esa okilh (lhek 'kqYd vf/kfu;e dh /kkjk 28dd d s rgr fu/kkZfjr nj l s i'p fu;kZr biZ hlhth tkjh dju s dh frfFk l s C;kt lfgr) dh tk,xhA gLrkarfjr dh xbZ i'p fu;kZr biZ hlhth fLdzi (fLdiz k)sa dh jkf'k dk s iz;qDr i'p fu;kZr bZihlhth fLdiz (fLdzik)sa dh jkf'k d s :i e sa ekuk tk,xk rFkk lkFk gh rnuqlkj bl s fu;kZrd }kjk C;kt d s Hkqxrku d s iz;kts u gsrq ekuk tk,xkA (x) Hkqxrku dk rjhdk ljdkj dk s jkf'k udn e sa okil dh tk,xhA jkf'k dk s fon's k O;kikj uhfr d s rgr tkjh oS/k eqDr gLrkarj.kh; M;Vw h dfzsMV fLdiz e sa vFkok okLrfod /kkjd ftl s ;g tkjh dh xbZ Fkh }kjk /kkfjr oS/k ,l,pvkb,Z l fLdzi e sa MfscV dju s dh lqfo/kk okilh d s Hkqxrku gsrq vuqer gkxs hA rFkkfi C;kt dk Hkqxrku ge's kk udn e sa fd;k tk,xkA (?k) le;kof/k mi;qZDr gsrq fu;kZrdk sa d s fy, Mhth,QVh }kjk fu/kkZfjr fodYi pquu s d s izko/kku l s 9 efgu s dh le;kof/k vuqer gAS (M)+ xyr fuxZeu ds ekeyksa esa dksbZ naMuh; dkjZokbZ ugha iwoZ e sa fuxZeu d s lca /a k e sa dh xbZ fofHkUu O;k[;kvk sa dk s /;ku e sa j[kr s gq, jktLo foHkkx d s lkFk ijke'kZ djd s ;g fu.kZ; fy;k x;k gS fd ,l,pvkb,Z l@'kUw ; M;Vw h biZ hlhth izkf/kdkj i= d s fdlh =qfVi.w k Z fuxZeu dk s izekf.kd =fqV ekuk tk,xk rFkk fu;kZrdk sa d s fo:) {ks=h; izkf/kdkfj;k sa }kjk@MhvkjvkbZ lfgr lhek 'kqYd dh {ks=h; bdkb;k sa }kjk dkbs Z nMa uh; dkjZokbZ ugh a dh tk,xhA ,l,pvkbZ,l rFkk 'kUw ; M;Vw h bZihlhth@fu;kZr i'p bZihlhth ykHkk sa dk s tkjh dju s d s lca /a k e sa leqfpr O;k[;k vuqyXud e sa nh xbZ gAS (p) lhchbZlh }kjk dh tkus okyk ifj.kkeh dkjZokbZ lhchbZlh viuh {ks=h; bdkb;k sa d s ekxZn’kuZ gsrq ,d vyx ifji= tkjh djxs hA bl lkoZtfud lwpuk dk izHkko fu;kZrd ftUgkaus s xyr :i l s ,d gh le; e sa 'kUw ; izfr'kr bZihlhth rFkk ,l,pvkbZ,l dk ykHk izkIr fd;k gS mUg sa dfri; 'krksZ a d s v/khu ,d ykHk dk s okil dju s dk fodYi fn;k x;k gSA vuiw o/kkou, egkfun's kd] fon's k O;kikj¹Hkkx Iµ[k.M 1º Hkkjr dk jkti=k % vlk/kj.k 3 lkoZtfud lwpuk la0- 30@2015&20] fnukad% 08&09&2016 dk vuqyXud ,l,pvkbZ,l vkSj ’kwU; ’kqYd bZihlhth ykHk dk =qfViw.kZ@,d lkFk tkjh fd, tkus dk fofHkUu ifjn`’; ’kCnkoyh% ,l1 igy s o"kZ e sa fd, x, fu;kZr gsrq tkjh ,l,pvkbZ,l ,l2 nwlj s o"kZ e sa fd, x, fu;kZr gsrq tkjh ,l,pvkbZ,l ,l3 rhlj s o"kZ e sa fd, x, fu;kZr gsrq tkjh ,l,pvkbZ,l b Z ’kUw ; ’kqYd bZihlhth Ldhe dk ykHk izkIr fd;k x;k vFkkZr Ldhe tkjh dh xb Z ,u ugh a fy;k x;k vFkkZr ugh a tkjh fd;k x;k *,d o"kZ dh foyEc dVkSrh d s lkFk ,l,pvkbZ,l tkjh dh xbZ **nk s o"kZ dh foyEc dVkSrh d s lkFk ,l,pvkbZ,l tkjh dh xbZ ,l,pvkbZ,l] 0% bZihlhth vkSj 0% fu;kZr i'p bZihlhth tkjh djus ds laca/k esa fofHkUu o"kksZa esa fofHkUu ifjn`’; o"k Z tkjh dh xb Z tkjh dh fVIi.kh ,l,pvkbZ,l xb Z (0% bZihlhth d s lna HkZ e sa 0% fu;kZr&iwoZ bZihlhth 0% izkf/kdkj i= 'kkfey gSA bZihlhth o"kZ 1 2009&10 lca ) ugh a gSA o"kZ 2 2010&11 ,l1 b Z bZihlhth igy s tkjh dh xbZA ,l,pvkbZ,l =qfVo'k tkjh dh xbZA ,l1 ge's kk d s fy, lekIr gk s tk,xh vFkkZr~ ,l1* vkSj ,l1** Hkfo"; e sa miyC/k ugh a gkxs h D;kfsad bZ dk ykHk izkIr dj fy;k x;k gAS ,l1 b Z ,l,pvkbZ,l igy s tkjh dh xbZA biZ hlhth =fqVo'k tkjh dh xbZ gS] ;fn izkIr fd;k x;k ,l,pvkb,Z l ykHk igy s okil ugh a fd;k x;k gS] vFkok mi;kxs dj fy, tku s dh fLFkfr e sa ykx w C;kt lfgr okil ugh a fd;k x;k gAS ,u b Z ,l1 ge's kk d s fy, lekIr gk s tk,xh vFkkZr ~ ,l1* vkSj ,l1** Hkfo"; e sa miyC/k ugh a gkxs h D;kfsad bZ dk ykHk izkIr dj fy;k x;k gAS ,l1 ,u fLdiz lgh izdkj l s tkjh fd;k x;k gSA ,u ,u Lakxr ugh a gAS o"kZ 3 2011&12 ,l1* b Z bZihlhth igy s tkjh dh xbZA ;fn o"kZ 2010&11 e sa bZihlhth dk ykHk ugh a fy;k x;k gS] rk s ,l1* miyC/k gAS ,l2 b Z bZihlhth igy s tkjh dh xbZA ,l,pvkbZ,l =qfVo'k tkjh dh xbZA ,l2 ge's kk d s fy, lekIr gk s tk,xh vFkkZr~ ,l2* vkSj ,l2** Hkfo"; e sa miyC/k ugh a gkxs h D;kfsad bZ dk ykHk izkIr dj fy;k x;k gAS ,l1*@,l2 bZ ,l,pvkbZ,l igy s tkjh dh xbZA ;fn o"kZ 2010&11 e sa bZihlhth dk ykHk ugh a fy;k x;k gS] rk s ,l1* miyC/k gSA biZ hlhth =qfVo'a k tkjh xbZ] ;fn izkIr fd;k x;k ,l2 igy s okil ugh a fd;k x;k gS vFkok mi;kxs dj fy, tku s dh fLFkfr e sa ykx w C;kt lfgr okil ugh a fd;k x;k gASa ,u b Z ,l2 ge's kk d s fy, lekIr gk s tk,xh vFkkZr ~ ,l2* vkSj ,l2** Hkfo"; e sa miyC/k ugh a gkxs h D;kfsad bZ dk ykHk izkIr dj fy;k x;k gAS ,l1* ,u fLdiz lgh izdkj l s tkjh fd;k x;k gS] c’krsZ fd bZihlhth dk ykHk o"k Z 2010&11 e sa ugh a fy;k x;k gSA ,l2 ,u fLdiz lgh izdkj l s tkjh fd;k x;k gSA4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1] ,u ,u Lkxa r ugh a gAS o"kZ 4 2012&13 ,l1** b Z bZihlhth igy s tkjh dh xbZA ;fn o"kZ 2010&11 e sa bZihlhth dk ykHk ugh a fy;k x;k gS] rk s ,l1* miyC/k gAS ,l2* b Z bZihlhth igy s tkjh dh xbAZ ,l2 miyC/k gS ;fn 2011&12 e sa bZihlhth dk ykHk ugh a fy;k x;k gSA ,l3 b Z bZihlhth igy s tkjh dh xbAZ ,l,pvkb,Z l xyr tkjh dh xbZA ,l3 ge's kk d s fy, lekIr gk s tk,xh vFkkZr~ ,l3* vkSj ,l3** Hkfo"; e sa miyC/k ugh a gkxs h D;kfsad bZ dk ykHk y s fy;k x;k gAS ,l1**@,l2* b Z ,l,pvkbZ,l igy s tkjh dh xbZA ,l1** miyC/k @,l3 gS] ;fn 2010&11 e sa bziZ hlhth dk ykHk ugh a fy;k x;k gS ,l2* miyC/k gS ;fn 2011&12 e sa bziZ hlhth dk ykHk ugh a fy;k x;k gSA bZihlhth =fqVo’ak tkjh xbZ] ;fn izkIr fd;k x;k ,l3 igy s okil ugh a fd;k x;k g S vFkok mi;kxs dj fy, tku s dh fLFkfr e sa ykx w C;kt lfgr okil ugh a fd;k x;k gASa ,u b Z ,l3 lnk d s fy, lekIr gkxs k vFkkZr Hkfo"; e sa ,l3* vkSj ,l3 ** miyC/k ugh a gkaxs As D;kfsad bZ dk ykHk y s fy;k x;k gAS ,l1** ,u fLdiz lgh tkjh fd;k x;k gS] c’krsZ 2010&11 e sa bZ dk ykHk ugh a fy;k x;k gAS ,l2* ,u fLdiz lgh tkjh fd;k x;k gS] c’krsZ fd 2011&12 e sa bZ dk ykHk ugh a fy;k x;k gAS ,l3 ,u fLdiz lgh tkjh fd;k x;k gSA ,u ,u lxa r ugh a gAS o"kZ 5 2013&14 ,l2** b Z bZihlhth igy s tkjh dh xbAZ ,l2 ** miyC/k gS ;fn 2011&12 e sa bZihlhth dk ykHk ugh a fy;k x;kA ,l3* b Z bZihlhth igy s tkjh dh x;h A ,l3* miyC/k gS ;fn 2012&13 e sa biZ hlhth dk ykHk ugh a fy;k x;k gSA ,l4 b Z bZihlhth igy s tkjh dh x;hA ,l,pvkb,Z l xyr tkjh fd;k x;kA ,l4 ge’skk d s fy, lekIr gkxs k vFkkZr~ ,l4* vkSj ,l4** Hkfo"; e sa miyC/k ugh a gkxsa s D;kfsad bZ dk ykHk y s fy;k x;k gAS ,l2**@,l3*@ b Z bZihlhth igy s tkjh dh xbAZ ,l2** miyC/k gS ,l4 ;fn 2011&12 e sa biZ hlhth dk ykHk ugh a fy;k x;k gS ;k ,l3* miyC/k gS ;fn 2012&13 e sa biZ hlhth dk ykHk ugh a fy;k x;k gSA biZ hlhth =qfVo'a k tkjh xbZ] ;fn izkIr fd;k x;k ,l4 igy s okil ugh a fd;k x;k g S vFkok mi;kxs dj fy, tku s dh fLFkfr e sa ykx w C;kt lfgr okil ugh a fd;k x;k gASa ,u b Z ,l4 lnk d s fy, lekIr gk s tk,xk vFkkZr Hkfo"; e sa ,l4* vkSj ,l4** miyC/k ugh a gkxs As ~ D;kfsad bZ dk ykHk y s fy;k x;k gS] ,l2** ,u fLdiz lgh tkjh dh xbZ] c’krsZ 2011&12 e sa bZ dk ykHk ugh a fy;k x;k gAS ,l3* ,u fLdiz lgh tkjh dh xbZ] c’krsZ 2012&13 e sa bZ dk ykHk ugh a fy;k x;k gAS ,l4 ,u fLdiz lgh tkjh dh xbZA ,u ,u lxa r ugh a gAS o"kZ 6 2014&15 ,l3** b Z bZihlhth igy s tkjh dh xbAZ ,l3** miyC/k gS ;fn 2012&13 e sa bZihlhth dk ykHk ugh a fy;k x;kA ,l4* b Z bZihlhth igy s tkjh dh xbZA ,l4* miyC/k gS ;fn¹Hkkx Iµ[k.M 1º Hkkjr dk jkti=k % vlk/kj.k 5 2013&14 e sa bZihlhth dk ykHk ugh a fy;k x;k gSA ,l3**@,l4* b Z ,l,pb,Z l igy s tkjh dh xbZA ,l3** miyC/k gS ;fn 2012&13 e sa biZ hlhth dk ykHk ugh a fy;k x;k gSA ,l4* miyC/k g S ;fn 2013&14 e sa bziZ hlhth dk ykHk ugh a fy;k x;k gAS ,u b Z Ldhe d s :i e sa izklfaxd ugh a g S D;kfsad Ldhe igy s gh 31 ekpZ 2013 dk s cna dj nh xbZ gAS ,l3** ,u fLØi dk s lgh rjhd s l s tkjh fd;k x;k gS] c'krsZ fd 2012&13 e sa bZ dk ykHk ugh a fy;k x;k gSA ,l4* ,u fLØi dk s lgh rjhd s l s tkjh fd;k x;k gS] c'krsZ fd 2013&14 e sa bZ dk ykHk ugh a fy;k x;k gSA ,u ,u izklfaxd ugh a gS D;kfsad ,l,pvkbZth Ldhe igy s gh 31 ekpZ] 2013 dk s cna dj nh xbZ gSA o"kZ 7 2015&16 ,l4** b Z bZihlhth igy s tkjh dh xbZA bZihlhth ,l4** miyC/k g S ;fn 2013&14 e sa biZ hlhth dk ykHk ugh a fy;k x;k gAS ,l4** b Z ,l,pvkbZ,l igy s tkjh dh xbZA ,l4** miyC/k gS ;fn 2013&14 e sa biZ hlhth dk ykHk ugh a fy;k x;k gSA ,l4** ,u fLØi lgh rjhd s l s tkjh fd;k x;k gS] c'krsZ fd 2013&14 e sa bZ dk ykHk ugh a fy;k x;k gSA ,u b Z izklfaxd ugh a gS D;kfsad ,l,pvkbZ,l Ldhe igy s gh 31 ekpZ 2013 dk s cna dj nh xbZ gSA MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) PUBLIC NOTICE New Delhi, the 8th September, 2016 No. 30/2015-2020 Subject: Notification of procedure to be followed in cases of incorrectly issued simultaneous benefits of Zero Duty EPCG and SHIS in FTP 2009-14 by the Director General of Foreign Trade in exercise of powers conferred under Para 2.04 of the Foreign Trade Policy 2015-2020. F. No. 01/61/180/41/AM-13/PC3(Pt.).—This Directorate had received references from Directorate of Revenue Intelligence and various exporters, on the subject of incorrectly issued simultaneous benefits of Status Holder Incentive Scheme (SHIS) and Zero Duty EPCG Authorization under Foreign Trade Policy 2009-14. The issue involves Para 5.1(b) of FTP and Para 3.10.3(b) of HBP 2009-14. The representations have been examined by this Directorate in consultation with Department of Revenue and it has been decided that exporters who have been issued or availed such simultaneous benefit of these schemes shall be allowed flexibility, to the extent specified in this public notice, to choose one of the two schemes. The option to return either benefit shall be subject to the following :- A. Return of SHIS In case of return of SHIS (including splits), the unutilized SHIS (part or whole) may be surrendered by the original holder to whom such SHIS was issued by surrender of the original SHIS scrip. The amount of SHIS that has been utilized, by the original applicant to whom SHIS was issued (who has not transferred the SHIS) shall be refunded in cash (with interest at the rate prescribed under Section 28AA of Customs Act from the date of issue of SHIS by the original applicant. The amount of SHIS that has been transferred by original applicant shall be treated as amount of SHIS utilized and treated accordingly including for purpose of refund and interest payment by original applicant. In cases where SHIS was issued based on exports of immediately preceding year and then zero duty EPCG was also issued, and the exporter opts to return the SHIS, the power under Para 2.58 of FTP 2015-20 in consultation6 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1] with relevant Committee would be exercised by DGFT to relax the FTP/HBP provisions requiring the ‘prior’ return of SHIS. B. Return of zero duty EPCG/Post Export EPCG When zero duty EPCG (i.e. all relevant authorizations) has to be returned, the amount equivalent to the duty forgone shall be refunded in cash with interest at the rate prescribed – (a) Rate in EPCG notification if EPCG returned was correctly availed (b) Rate Under Section 28AA of Customs Act if EPCG returned was incorrectly availed) by the exporter. The unutilized zero duty EPCG (whole or part) may be surrendered. Further, instead of return of zero duty EPCG (i.e. return of all the relevant authorizations), the exporter may opt to convert zero duty EPCGs issued till 17.4.2013 to 3% EPCGs (subject to eligibility) by paying the differential duties plus applicable interest (at the rate prescribed under Section 28AA) from date of clearance of the goods till the date of payment. In such cases, SHIS scrip need not be surrendered. This option shall not be available when the zero duty EPCG is already redeemed by DGFT. When zero duty Post Export EPCG is to be returned, the authorization(s) shall be surrendered. If any related duty credit scrip(s) against such Zero duty Post Export EPCG authorization(s) have been issued the same if unutilized may be surrendered by the original holder [by surrendering the original duty credit scrips]. The amount of such Post Export EPCG scrip(s) that has been utilized by the original applicant shall be refunded in cash (with interest at the rate prescribed under Section 28 AA of Customs Act from the date of issue of the PE EPCG). The amount of PE EPCG Scrip(s) that has been transferred shall be treated as amount of Post Export EPCG scrip(s) utilized and treated accordingly including for purposes of payment of interest by exporter. C. Mode of payment The amount shall be paid back to Government in cash. The facility of debiting the amount in valid freely transferable duty credit scrip issued under Foreign Trade Policy or in valid SHIS scrip held by the original holder to whom it was issued, shall be allowed for paying the refund part. However, interest part shall be always paid in cash. D. Time Frame A time frame of 9 months from provision of option by DGFT is allowed to exporters for the above. E. No penal action in cases of incorrect issuance On account of different interpretations on the issue in the past, it has been decided in consultation with DoR that any erroneous issuance of SHIS/Zero Duty EPCG Authorisation will be considered bonafide error and no penal action shall be taken against exporters by RAs / field formations of Custom, including DRI. The Annexure provides the proper interpretation on the issuance of SHIS and Zero duty EPCG/PE-EPCG benefits. F. Consequential Action by CBEC The CBEC would be issuing a separate Circular for guidance of its field formations. Effect of this Public Notice: The exporters who have incorrectly availed simultaneous benefit of zero percent EPCG and SHIS have been provided an option to surrender one of the benefits subject to certain conditions. ANUP WADHAWAN, Director General of Foreign Trade Annexure to Public Notice No. 30 /2015-20 dated 08.09.2016 Different Scenarios of incorrect/simultaneous issuance of SHIS & Zero duty EPCG benefits Glossary : S1 SHIS issued for exports made in year 1 S2 SHIS issued for exports made in year 2 S3 SHIS issued for exports made in year 3 S4 SHIS issued for exports made in year 4 E Zero duty EPCG scheme availed i.e. issued N Not taken i.e. not issued *SHIS issued with one year late cut **SHIS issued with two year late cut¹Hkkx Iµ[k.M 1º Hkkjr dk jkti=k % vlk/kj.k 7 Different scenarios in different years on issuance of SHIS, 0% EPCG and 0% Post Export EPCG Year SHIS 0%EP REMARKS Issued CG (reference to 0% EPCG includes 0% PE-EPCG import issued authorization) Year 2009-10 Not Relevant 1 Year 2010-11 S1 E EPCG issued first. Wrong issuance of SHIS. S1 will lapse forever 2 i.e. S1* and S1** will not be available in future, as E has been availed. S1 E SHIS issued first. Wrong issuance of EPCG if SHIS benefit availed was not already surrendered, or refunded with applicable interest in case utilized. N E S1 will lapse forever i.e. S1* and S1** will not be available in future, as E has been availed. S1 N Scrip has been correctly issued N N Not Relevant Year 2011-12 S1* E EPCG issued first. S1* available if EPCG not availed in 2010-11. 3 S2 E EPCG issued first. Wrong issuance of SHIS. S2 will lapse forever i.e. S2* and S2** will not be available in future, as E has been availed. S1*/S2 E SHIS issued first. S1* available if EPCG not availed in 2010-11. Wrong issuance of EPCG if S2 availed was not already surrendered or refunded with applicable interest in case utilized. N E S2 will lapse forever i.e. S2* and S2** will not be available in future, as E has been availed. S1* N Scrip has been correctly issued, provided 0% EPCG has not been availed in 2010-11. S2 N Scrip has been correctly issued N N Not Relevant Year 2012-13 S1** E EPCG issued first. S1** available if EPCG not availed in 2010-11. 4 S2* E EPCG issued first. S2* available if EPCG not availed in 2011-12. S3 E EPCG issued first. Wrong issuance of SHIS. S3 will lapse forever i.e. S3* and S3** will not be available in future, as E has been availed. S1**/S2*/S3 E SHIS issued first. S1** available if EPCG not availed in 2010-11. S2* available if EPCG not availed in 2011-12. Wrong issuance of EPCG if S3 availed was not already surrendered or refunded with applicable interest in case utilized. N E S3 will lapse forever i.e. S3* and S3** will not be available in future, as E has been availed. S1** N Scrip has been correctly issued, provided E has not been availed in 2010-11. S2* N Scrip has been correctly issued, provided E has not been availed in 2011-12. S3 N Scrip has been correctly issued N N Not Relevant Year 2013-14 S2** E EPCG issued first. S2** available if EPCG not availed in 2011-12. 5 S3* E EPCG issued first. S3* available if EPCG not availed in 2012-13. S4 E EPCG issued first. Wrong issuance of SHIS. S4 will lapse forever i.e. S4* and S4** will not be available in future, as E has been availed. S2**/S3*/S4 E SHIS issued first. S2** available if EPCG not availed in 2011-12. or S3* available if EPCG not availed in 2012-13. Wrong issuance of EPCG if S4 availed was not already surrendered or refunded with applicable interest in case utilized. N E S4 will lapse forever i.e. S4* and S4** will not be available in8 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1] future, as E has been availed. S2** N Scrip has been correctly issued, provided E has not been availed in 2011-12. S3* N Scrip has been correctly issued, provided E has not been availed in 2012-13. S4 N Scrip has been correctly issued. N N Not Relevant Year 2014-15 S3** E EPCG issued first. S3** available if EPCG not availed in 2012-13. 6 S4* E EPCG issued first. S4* available if EPCG not availed in 2013-14. S3**/S4* E SHIS issued first. S3** available if EPCG not availed in 2012-13. S4* available if EPCG not availed in 2013-14. N E Not relevant as the scheme has already sunset on 31 March 2013. S3** N Scrip has been correctly issued, provided E has not been availed in 2012-13. S4* N Scrip has been correctly issued, provided E has not been availed in 2013-14 N N Not relevant as the SHIS scheme has already sunset on 31 March 2013. Year 2015-16 S4** E EPCG issued first. S4** available if EPCG not availed in 2013-14. 7 S4** E SHIS issued first. S4** available if EPCG not availed in 2013-14. S4** N Scrip has been correctly issued, provided E has not been availed in 2013-14. N E Not relevant as the SHIS scheme has already sunset on 31 March 2013. 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.