Ministry of Commerce notifies the last date for submitting applications for scrip based FTP schemes and validity period of duty credit scrips.

The Ministry of Commerce and Industry on 16^th September 2021 has extended the last date for Submitting online applications for Script-based FTP Schemes till 31^st December 2021.

The last date for submitting online applications stands revised to 31st December 2021 for the following schemes:

• 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)
• SEIS (for service exports rendered in FY 18-19 and FY 2019-20).
• 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),
• ROSCTL (for exports made from 07.03.2019 to 31.12.2020),
• ROSL (for exports made upto 06.03.2019 for which claims have not yet been disbursed under scrip mechanism).

After 31.12.2021, 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.

Further, the validity of any scrip issued under FTP from the date of this Notification has been notified to be 12 months from the date of issue, in supersession of validity provisions in the Handbook of Procedures, 2015-20.