Consolidated update on various relaxations provided by the Ministry of Commerce to address COVID-19 related hardship of exporters
Department of Commerce
has Provided a number of Relaxations / Extensions of various Compliance
Deadlines etc. to address Corona Pandemic Related Hardships of Exporters
In order to give relief
to businesses and affected individuals amidst the stress caused by the novel
coronavirus pandemic, Department of Commerce, Ministry of Commerce and Industry
has introduced several relaxations and extensions in deadlines etc. with regard
to compliances mandated under its schemes and activities.
The key relaxations
pertaining to the Department of Commerce were consolidated and published vide
press release. The relaxation were on below subjects and are provided in detail
in the press release, the link of which is given below
A. FACILITATION UNDER
FOREIGN TRADE POLICY (FTP) 2015-20 BY DGFT.
1. Extension of FTP
beyond 31 March 2020.
2. Advance Authorizations
and EPCG Authorizations: Extension of Export Obligation Period etc.
3. Extension of validity
of Registration cum Membership Certificate (RCMC) beyond 31st March, 2020.
4. Service Exports from
India Scheme (SEIS).
5. Merchandise Exports
from India Scheme (MEIS).
6. Rebate of State and
Central Taxes and Levies (RoSCTL).
7. Status Holder 8.
Remissions under provisions of Hand Book of Procedure (HBP).
8. Remissions under
provisions of Hand Book of Procedure (HBP).
9. Chapter 6 of Hand Book
of Procedures (HBP)-EOU/EHTP/STP/BTP.
10. Chapter 7 of Hand
Book of Procedures (HBP)-Deemed Exports.
11. Chapter 7A of Hand
Book of Procedures (HBP)- Transport and Marketing Assistance (TMA) Scheme.
12. Chapter 9 of Hand
Book of Procedures (HBP)- Miscellaneous Matters.
B. FACILITATION FOR
SPECIAL ECONOMIC ZONE (SEZ) UNITS.
C. FACILITATION BY ECGC.
D. FACILITATION BY AGRI
EXPORTERS BY AGRICULTURAL & PROCESSED PRODUCTS EXPORT DEVELOPMENT AUTHORITY
(APEDA).
E. FACILITATION BY THE
TOBACCO BOARD.
F. FACILITATION BY THE
TEA BOARD.
G. FACILITATION BY THE
MARINE PRODUCTS EXPORT DEVELOPMENT AUTHORITY (MPEDA).
H. MEASURES TAKEN BY
GOVERNMENT E-MARKET PLACE (GEM) TO FACILITATE PROCUREMENT IN VIEW OF THE
COVID-19 PANDEMIC.
I. MEASURES TAKEN BY
DEPARTMENT TO FACILITATE PREFERENTIAL EXPORTS IN THE COVID-19 PANDEMIC.
J. FACILITATION BY THE
DIRECTOR GENERAL TRADE REMEDIES (DGTR).
Comments
Post a Comment