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TMI BlogWHN NEW MEIS LICENCE WILL START ON SHIPPING BILL DATE AFTER 01.04.20???X X X X Extracts X X X X X X X X Extracts X X X X ..... SIR, Now MEIS Licence are issued upto 31.03.2020 shipping bill by DGFT. No New MEIS Licence are issue on Shipping bill date after 01.04.2020 by DGFT. Please tell when New MEIS Licence will start on Shipping bill date after 01.04.2020??? AKASH 98149-18063 - Reply By YAGAY andSUN - The Reply = New Scheme RoDTEP had been notified and Government had asked exporter to submit the specific informa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tion in R-1, R-2 and R-3 formats along with detailed workings and a certificate from a CA/CWA. - Reply By AkashDeep Singh - The Reply = Sir, New Scheme RoDTEP will start after 01.01.2021 . but we want know MEIS on Shipping Bill period 01.04.2020 to 31.08.2020 When will start???? Akash 9915011989 - Reply By YAGAY andSUN - The Reply = Vide O ce Memorandum dated July 27, 2020, the Ministry ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of Commerce (MoC) has informed that the Ministry of Finance has conveyed to the MoC that it may not be feasible to exceed MEIS allocation beyond INR 9,000 crores for F.Y. 2020-21 (up to December 2020). The aforementioned notification has allocated INR 5000 crores for the period September 2020 to December 2020. Hence, whether MEIS allocation for the period April 2020 to August 2020 is also restrict ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed to 4000 crores? Whether there would be any cap on availment for the said period? Currently, the DGFT has not notified any upper cap / ceiling on MEIS benefits that can be availed for theexports made prior to September 01, 2020. - Reply By AkashDeep Singh - The Reply = Sir, very very thank for information. please inform when start MEIS. Regards Akash - Reply By YAGAY andSUN - The Reply = ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... No notification was issued by the appropriate Government in this regard. But in our view due to international pressure and cases filed in WTO by USA, Japan and other countries against the Export Subsidy as given by Indian Government to Indian Exporters under Chapter 3 of the FTP, the Indian Government may not issue any such notification for the period April to September 2020 as the Government ha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d already allocated 4000 crore for MEIS. - Reply By YAGAY andSUN - The Reply = https://www.thehindubusinessline.com/economy/panel-to-fix-rates-for-three-sectors-first/article32894881.ece - Reply By AkashDeep Singh - The Reply = Sir, Thaks for information, please update when MEIS Start. Regards - Reply By YAGAY andSUN - The Reply = No information in this regard as yet. However, Governmen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t had created a pool of ₹ 9000/- crore for MEIS for the 20-21. - WHN NEW MEIS LICENCE WILL START ON SHIPPING BILL DATE AFTER 01.04.20??? - Query Started By: - AkashDeep Singh Dated:- 17-10-2020 Other Topics - Got 8 Replies - Indian Laws - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanageme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ntindia.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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