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Clarification regarding benefit under Incremental Export Incentivisation Scheme (IEIS) notified vide Notification No.27 dated 28th December 2012

DGFT - 4/2016 - Dated:- 5-5-2016 - Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi Trade Notice No. 4/2016 Date 5th May 2016 To 1. All RAs of DGFT 2. Customs .....

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d 01.01.2013 to 31.03.2013 compared to the period from 01.01.2012 to 31.03.2012 on the FOB value of export subject to conditions prescribed therein. 2. Vide Notification No. 44 dated 25.09.2013 on the said IEIS Scheme, it was provided that (i) Benefi .....

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ter scrutiny by Regional Authority. 3.Thereafter on 23.092014, a clarification was issued by DGFT to RAs that Para (i) and (ii) in Notification No. 44 dated 25.09.2013 are independent. The limiting of claim was clearly mentioned in the first sub-para .....

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t to higher levels of benefits under the scheme. 4. The Notification No. 44 dated 25.09.2013 on the issue of limiting the entitlement has been challenged by many exporters in different high courts. In view of the decisions of the various High Courts, .....

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RAs may further process the cases without imposing any cap on account of the earlier stipulation of restricting growth to 25% or incremental growth of ₹ 10 crore in value, whichever is less. (ii) RAs must, however, exercise due diligence while .....

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d 28.12.2012 may also be carefully seen, in addition to other relevant provisions. Inter alia, transfer of' export performance from any other IEC holder was not permitted under the scheme as per Para 3.14.4 (d). Similarly disclaimer provision of .....

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