Ministry of Commerce and Industry vide its notification dated 7th March 2022 has extended the last date for submission of applications under MEIS (for exports made in the period – 01.04.2020 to 31.12.2020), ROSCTL, ROSL and 2% additional ad hoc incentive (under para 3.25 of FTP, only for exports made in the period 01.01.2020 to 31.03.2020)
The total reward which may be granted to an IEC holder under the Merchandise Exports from India Scheme (MEIS) shall not exceed Rs. 2 Crore per IEC (Importer-exporter code) on exports made in the period 01.09.2020 to 31.12.2020 [period based on Let Export Order (LEO) date of shipping bill(s)]. Any IEC holder who has not made any export with LEO date during the period 01.09.2019 to 31.08.2020 or any new IEC obtained on or after 01.09.2020 would not be eligible for submitting any claim for benefits under MEIS for exports made with effect from 01.09.2020.
The Last date for submission of application for MEIS (for exports made in the period 01.04.2020 to 31.12.2020) shall be 30th April 2022 and 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) shall also be 30th April 2022.
Further for ROSCTL (for exports made from 07.03.2019 to 31.12.2020) and for ROSL (for exports made upto 06.03.2019 for which claims have not yet been disbursed under scrip mechanism) the last date shall be 15th March 2022.
