Ministry of Commerce extends the last date for submitting application for scrip based schemes.

The Ministry of Commerce and Industry vide its notification dated 1^st February 2022 has extended the last date for submitting online applications under MEIS, SEIS, ROSCTL, ROSL and 2% additional ad hoc incentive till 28^th February 2022.

In supersession of the existing laid down provisions in the Hand Book of Procedures, 2015-20 with regard to last date for submitting online applications for scrip based claims, the last date for submitting online applications stands revised to 28^th February 2022 for the following schemes i.e

1. 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),
2.  for SEIS (for service exports rendered for FY 18-19 and FY 2019-20),
3. 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)
4. for  Rebate of State & Central Taxes and Levies (ROSCTL) (for exports made from 07.03.2019 to 31.12.2020) and
5. for ROSL (for exports made upto 06.03.2019 for which claims have not yet been disbursed under scrip mechanism).

However after 28^th February 2022, 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.