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DGFT invites suggestions to prevent unintended benefit under Incremental Export Incentivisation Scheme

Government of India

Ministry of Commerce & Industry

Department of Commerce

Directorate General of Foreign Trade

Udyog Bhawan, New Delhi

Trade Notice No. 6/2013

Dated 31st July, 2013

To

All RAs of DGFT

Members of Trade

Export Promotion Councils

Subject: Inviting Suggestions to prevent unintended benefit under Incremental Export Incentivisation Scheme

Government had announced ˜Incremental Export Incentivisation Scheme™ vide Notification No. 27 dated 28.12.2012 and Notification No. 3 dated 18.04.2013.

2. In order to prevent unintended benefit under the scheme in cases where growth in exports is more than 25 % or the total incremental growth is Rs. 10 crore or more, RAs would have to be more careful. Their scrutiny of the claim may require, inter alia,

i. Calling for evidence of manufacture / purchase of export goods i.e. excise return/sales tax returns or any other evidence.

ii. Checking exports of company from whom goods have been purchased i.e. whether such company had done export in previous 2 years and quantum of exports in current year.

i. Calling for any other evidence to justify export growth and consequent entitlement of IEIS.

4.  All stakeholders are requested / encouraged to give feedback /suggestion on the above matter preferably through e-mail to hardeep.singh@nic.in up to 18.00 hrs on 20.08.2013.

(Hardeep Singh)

Joint Director General of Foreign Trade

Email: hardeep.singh@nic.in

Issued from F. No. 01/61/180/188/AM13/PC3

Tags: Director-generalDirectorate General of Foreign TradeExportGovernment of IndiaHardeep SinghIndiaNew DelhiUnited States Department of Commerce

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