No. The CBIC has issued a circular no. 11/2009-Customs dated April 9, 2019, referring to the same matter. It says that MEIS/SEIS duty credit scrips shall continue to be transmitted electronically by DGFT to the Customs system and for registration, assessment and debiting of scrips, the current procedure as per the extant Circular No. 12/2016-Customs dated March 28, 2016, shall continue to be followed, except that instead of presenting physical copies of the MEIS/SEIS scrips printed on security paper, the current owner or his authorised representative shall approach the proper officer of Customs with details of the MEIS/SEIS scrip such as IEC number, scrip number, etc. As regards verification of ownership of scrip, the same will be checked from the DGFT website.
We refer to DGFT Public Notice No. 62/2015-20 dated February 16, 2018, regarding processing of MEIS applications on the basis of HS Code as mentioned in the shipping bill. Para 3 of the Public Notice says that “past cases which have been decided, will not be re-assessed based on the directives in this public notice”. We are not clear which past cases it refers to. Can you help us understand it?
It refers to all cases or applications where the claims for duty credit scrips have already been granted or rejected before the date of the Public Notice by the Regional Authorities or by the DGFT Headquarters.
We have fulfilled export obligation against advance authorisation but have not utilised the authorisation for imports even after getting revalidations due to some financial difficulties. Can we get further revalidation if we approach the Policy Relaxation Committee (PRC)?
Normally, the PRC considers such requests sympathetically, as the export obligation is fulfilled, provided it is convinced about the genuineness of the reasons for the request.