SEIS application due date for the F.Y. 2018-19 extended to 31-12-2020

SEIS application due date for the F.Y. 2018-19 extended to 31-12-2020 The Directorate General of Foreign Trade has issued public notice dated 31-03-2020. DGFT has extended the last date of filing application for Service Exports from India Scheme (SEIS) for the F.Y. 2018-19 to 31-12-2020. Other due dates also extended as prescribed under the Handbook of Procedures (HBP), 2015-20.

Some points are as given below:

1. Validity of FTP extended till 31.03.2021. The current FTP is valid till 31.03.2020.
2. Benefit under all the Export Promotion Schemes and other schemes, will continue to be available for another 12 months.
3. Validity period extended on Status Holder Certificates. This will enable the Status Holders to continue to avail the specified facilities/benefits.
4. Tax payment exempted on Imports made under Advance/EPCG Authorisations/EOUs etc. up to 31.03.2021.
5. “Transport Marketing Assistance on the specified Agricultural Products” scheme further extended for one year.
6. Validity period for making imports undervarious duty free import authorizations (AA/DFIA/EPCG) expiring between 01.02.2020 and 31.07.2020, has been allowed automatic extension for another six months from the date of expiry, without requirement of obtaining such endorsement on these authorizations.
7. Whereever the period to make export is expiring between 01.02.2020 and 31.07.2020 under various authorizations, automatic extension in the export obligation period is allowed for another six months from the date of expiry, without payment of any composition fee.
8. Last dates for applying for various duty credit Scrips (MEIS/SEIS/ROSCTL) and other Authorisations have been extended.
9. Time lines relaxed for imposing late cuts, on the applications which are filed after the prescribed dates.
10. Validity period extended for Letter of Permission/ Letter of Intent as granted to EOUs, units in STPs/EHTPs/BTPs up to 31st December, 2020.
11. Last date of filing applications for refund of TED/Drawback, Transport and Marketing Assistance has been extended.
12. Time for filing various Reports/Returns etc. under various provisions of the FTP extended.