INCREASE IN VALIDITY OF MEIS/SEIS SCRIPS AND RELAXATION IN DUE DATES TO FILE APPLICATIONS
Vide Public Notice no. 08/ 20152020 dated June 01, 2020, Ministry of Commerce & Industry has increased the duration of validity of scrips issued under MEIS and SEIS.
Further, relaxations have also been provided in last dates for filing application for such scrips.
Summary of Public notice is as under:
- Validity of duty scrips issued between March 01, 2018 and June 30, 2018 extended till September 30, 2020
- For MEIS applications attracting late cut as on March 01, 2020, period between March 01, 2020 and June 30, 2020 shall not be counted and last date for submission of various categories of applications attracting that late cut and the applicable cuts shall be determined accordingly.
- For SEIS application for FY 2016-17, late cut at 10% shall apply, if application is filed by June 30, 2020. Thereafter, the same shall be time barred.
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For SEIS application for FY 2017-18, late cut at 5% shall apply, if application is filed by June 30, 2020. Thereafter, late cut at 10% shall apply for application submitted till March 31, 2020
Source: Government of India, Ministry of Commerce & Industry, Public Notice no. 08/ 20152020 dated June 01, 2020.
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