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HC ruled that rejection of petitioner's MEIS scrip applications was improper. Under FTP 2015-20, Export Oriented Units could claim MEIS benefits with either FIEO or EPCES registration, while exclusive EPCES registration requirement was introduced only in FTP 2023. The subsequent policy change was formalized through Circular No.78 of 2022, making EPCES membership mandatory for SEZ Units/Developers. The court found respondent's rejection order based on lack of valid RCMC during export period to be incorrect, as the mandatory EPCES registration requirement did not apply retrospectively. The impugned order was set aside and petition disposed of.
HC ruled that rejection of petitioner's MEIS scrip applications was improper. Under FTP 2015-20, Export Oriented Units could claim MEIS benefits with either FIEO or EPCES registration, while exclusive EPCES registration requirement was introduced only in FTP 2023. The subsequent policy change was formalized through Circular No.78 of 2022, making EPCES membership mandatory for SEZ Units/Developers. The court found respondent's rejection order based on lack of valid RCMC during export period to be incorrect, as the mandatory EPCES registration requirement did not apply retrospectively. The impugned order was set aside and petition disposed of.
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TaxTMI 
TaxTMI 
