TMI BlogAnalysis of extension of due dates under FTPX X X X Extracts X X X X X X X X Extracts X X X X ..... Analysis of extension of due dates under FTP - By: - Vivek Jalan - Customs - Import - Export - SEZ - Dated:- 30-6-2020 - - Extension of due dates under FTP Recently Central Government has enhanced due dates related to FTP-2015-20 vide various notifications issued from time to time. Article analyses all such extension of due dates in recent past- Extensions in FTP Extentions ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Duty Credit Scrips issued between 01.03.2018 and 30.06.2018 shall be valid till 30.09.2020 AEO License expiring between 1st March 31st May 2020 Till 30th June 2020 In MEIS applications which attracted a late cut as on 01.03.2020, the period between 01.03.2020 and 30.06.2020 shall not be counted and the last date for submission of various categories of applications attracting that la ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... te cut and the applicable cuts will be accordingly suitable re-determined. For SEIS applications a. For the services rendered in FY 2016-17, the last date of application with 10% late cut would be 30.06.2020 and after that date it would become time barred. b. For the services rendered in the FY 2017-18, 5% late cut as was applicable on 31.03.2020, shall continue to be applicable for ap ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... plications submitted till 30.06.2020, and thereafter 10% late cut would be applicable for applications submitted till 31.03.2021. Extension of RCMC Extension of validity of Registration cum Membership Certificate (RCMC) beyond 31st March, 2020 It has been decided that Regional Authorities (RAs) of DGFT will not insist on valid RCMC (in cases where the same has expired on or before ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 31 March, 2020) from the applicants for any incentive/authorizations till 30 September, 2020. EPCs will collect the applicable fees for the year 2020-21 on restoration of normalcy FTP 2015-20 1. Extension of Scheme of Rebate of State and Central Taxes and Levies on Export of Garments and Made-ups (RoSCTL) 2. It is clarified, without prejudice and subject to changes that may ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be deemed necessary in public interest from time to time, that: a) Benefits under MEIS for any item/tariff line /HS Code currently listed in Appendix 3B, Table 2 (MEIS Schedule) will be available only up to 31.12.2020; b) Prior to 31.12.2020, as and when an item/tariff line/HS code is notified to be covered under RoDTEP Scheme, it would at the same time be removed from coverage under MEIS; ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - - Scholarly articles for knowledge sharing authors experts professionals Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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