Trade Update 21

Foreign Trade Update
A. Inclusion of Gopalpur Port, Odisha as Port of Registration Paragraph 4.37 of the Handbook of Procedure specifies Ports of Registration for registration under various schemes provided for in the Foreign Trade Policy. Vide Public Notice 6/2015-2020 dated May 22, 2020, the Gopalpur Port, Odisha has been included in the aforementioned list of Sea Ports of Registration.
The Public Notice is available at:
http://dgft.gov.in/sites/default/files/PN%2006%20English%20Final.pdf

B. Relaxations in the policy concerning MEIS and SEIS schemes Vide Public Notice 8/2015-2020 dated June 1, 2020, the following relaxations have been provided concerning the MEIS and SEIS schemes:

1. 1. MEIS applications that attracted a late cut as on March 1, 2020- The period between March 1, 2020 and June 30, 2020 will not be counted and the last date for submission of various categories of applications attracting that late cut and the applicable cuts will be accordingly re-determined.
   2. SIES applications that concern services rendered in FY 2016- 2017- The last date of application with 10% late cut would be June 30, 2020 after which the same would be time barred.
   3. SIES applications that concern services rendered in FY 2017- 2018- 5% late cut as applicable on March 31, 2020, shall continue to be applicable for applications submitted till June 20, 2020 and thereafter, 10% late cut would be applicable for applications submitted till March 31, 2021.

The Public Notice is available at:
http://dgft.gov.in/sites/default/files/PN%2008%20English.pdf