Scrip application deadline revised; late cut rates adjusted and duty credit scrip validity capped from issue. The notification fixes 31st December 2021 as the final date for submitting online applications for specified MEIS, SEIS, 2% ad hoc incentive, ROSCTL and ROSL claims, after which applications become time barred and late cut remedies are unavailable; it also prescribes the applicable late cut percentages for submissions made up to that date. It further sets the validity of Duty Credit Scrips issued on or after the notification date at twelve months from date of issue, superseding prior HBP provisions.
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Scrip application deadline revised; late cut rates adjusted and duty credit scrip validity capped from issue.
The notification fixes 31st December 2021 as the final date for submitting online applications for specified MEIS, SEIS, 2% ad hoc incentive, ROSCTL and ROSL claims, after which applications become time barred and late cut remedies are unavailable; it also prescribes the applicable late cut percentages for submissions made up to that date. It further sets the validity of Duty Credit Scrips issued on or after the notification date at twelve months from date of issue, superseding prior HBP provisions.
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