Declaration of intent under Merchandise Exports from India Scheme
Updated: Dec 11, 2015 01:25:54pm
New Delhi, Dec 11 (KNN) The Directorate General of Foreign Trade (DGFT) has said that the shipping bills, where declaration of intent 'N' has been ticked inadvertently in the 'reward item box' while filing shipping bills in Customs for exports, will be transmitted by CBEC to DGFT.
“Shipping bills, where declaration of intent ‘Y’ has not been marked and ‘N’ has been ticked inadvertently in the ‘reward item box’ while filing shipping bills in Customs for exports made between 01.06.2015 to 30.09.2015, shall be transmitted by CBEC to DGFT,” DGFT said in a notification.
DGFT had prescribed a procedure to be followed for claiming rewards under MEIS where exports had been made through EDI generated shipping bills between 01.04.2015 to 31.05.2015 and the exporter had inadvertently marked ‘N’ in the “reward item box” and wished to seek MEIS benefit.
Move comes in the backdrop of representations received from exporters and trade & industry that such procedure should also be made applicable to exports made beyond 31.05.2015. (KNN Bureau)
“Shipping bills, where declaration of intent ‘Y’ has not been marked and ‘N’ has been ticked inadvertently in the ‘reward item box’ while filing shipping bills in Customs for exports made between 01.06.2015 to 30.09.2015, shall be transmitted by CBEC to DGFT,” DGFT said in a notification.
DGFT had prescribed a procedure to be followed for claiming rewards under MEIS where exports had been made through EDI generated shipping bills between 01.04.2015 to 31.05.2015 and the exporter had inadvertently marked ‘N’ in the “reward item box” and wished to seek MEIS benefit.
Move comes in the backdrop of representations received from exporters and trade & industry that such procedure should also be made applicable to exports made beyond 31.05.2015. (KNN Bureau)
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