Dec 31 deadline for Indian exporters to claim pending dues

20 Sep '21

1 min read

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India’s commerce ministry recently fixed December 31 as the deadline for exporters to submit online applications to claim pending dues under different export promotion schemes. Textile exporters can also file applications for exports made during March 7, 2019, and December 31, 2020, under the Rebate of State and Central Levies and Taxes scheme.

On September 9, the government announced to release ₹56,027 crore against pending tax refunds of exporters under different export incentive schemes.

For claiming pending refunds under the Merchandise Exports from India Scheme (MEIS), the ministry said in a notification that exporters can submit applications for exports made in the period between July 1, 2018, and March 31, 2019, and from April 1, 2019, to March 31, 2020, and from April 2020 to December 31, 2020.

Under the Services Exports from India Scheme (SEIS), they can file applications for exports made during 2018-20.

ALCHEMPro News Desk (DS)

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