India Extends Deadline to Apply for 5 Trade Benefit Programs
India extended the date by which companies can submit applications under five trade benefit programs, from Jan. 31 to Feb. 28, the Directorate General of Foreign Trade said Feb. 1. The programs are the Merchandise Exports from India Scheme, Service…
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Exports from India Scheme, Rebate of State & Central Taxes and Levies, Rebate of State Levies and the 2% additional ad hoc incentive. The MEIS scheme is for exports July 1, 2018, to March 31, 2019; April 1, 2019, to March 31, 2020; and April 1, 2020, to Dec. 31, 2020. The SEIS program is for service exports rendered for fiscal years 2018-2019 and 2019-2020. The 2% ad hoc incentive is for exports Jan. 1, 2020, to March 31, 2020. The ROSCTL program is for exports made from March 7, 2019, to Dec. 31, 2020; and the ROSL scheme is for exports made up to March 6, 2019, "for which claims have not yet been disbursed under scrip mechanism."