Page 41 - GSTL_14th May 2020_Vol 36_Part 2

2020 ] RELAXATIONS/EXTENSIONS OF COMPLIANCE DEADLINES ANNOUNCED J41
ing between 1st February, 2020 to 31st July, 2020, the
time period has been extended for further six months
from the date of expiry.
(3) Extension of validity of Registration cum Membership Certif-
icate (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 be-
fore 31st March, 2020) from the applicants for any incen-
tive/authorizations till 30th September, 2020.
(4) Service Exports from India Scheme (SEIS) : The last date for
filing annual claims under SEIS is 12 months from the end of
the relevant financial year of the claim period, which is expir-
ing for the FY 2018-19 claims on 31st March, 2020, has been
extended to 31st December, 2020.
(5) Merchandise Exports from India Scheme (MEIS) : The last
date for filing MEIS claims is 1 year from the Let Export Or-
der (LEO) date of each Shipping Bill, and another 2 years be-
yond that with the imposition of a late cut. The last date of fil-
ing MEIS claims without a late cut for all Shipping Bills for
which the initial one-year period expired/will be expiring on
or after 1st February, 2020 and on or before 31st May, 2020,
has been extended by 3 months beyond the expiry date of the
initial one-year period.
(6) Rebate of State and Central Taxes and Levies (RoSCTL) : The
last date for filing RoSCTL claims for export shipments be-
tween 7 March to 31 December, 2019 of 30th June, 2020, has
been extended to 31st December, 2020.
(7) Status Holder : The validity period of all Status Certificates
issued under FTP 2015-20 to an IEC holder has been extended
up to 31st March, 2021.
(8) Remissions under provisions of Hand Book of Procedure
(HBP) :
(1) Under para 4.12(vi) of the Handbook of Procedure
(HBP), validity date of norms ratified is limited to
31-3-2020 or three years whichever is later. This has
been relaxed to be co-terminus with extended date of
foreign trade policy/3 years whichever is later.
(2) Under para 4.41(a) of HBP, validity of Advance Au-
thorizations for imports is capped at 12 months. Now
the validity period of the Authorization for imports
stands automatically extended by six months for Au-
thorizations where import validity is expiring after 1
February, 2020. The option to avail further validity
extensions under para 4.41(c) shall be available.
(3) Under para 4.42(a) & (c) of HBP, Export Obligation
(EO) period allowed under Advance Authorization
Scheme is 18 and 24 months respectively. The EO pe-
riod under this para now stands automatically
extended by 6 months for Authorizations expiring af-
GST LAW TIMES  14th May 2020  41