NOTIFICATION NO. 37/2020, DT. 06/10/2020
- Document type
- Circular
- Dated
Addition of enabling provision related to the issue of scrips under Scheme for Rebate of State Levies (RoSL) as notified by the Ministry of Textiles-reg.
Addition of enabling provision related to the issue of scrips under Scheme for Rebate of State Levies (RoSL) as notified by the Ministry of Textiles-reg.
S.O.3470(E): In exercise of the powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with Para 1.02 of the Foreign Trade Policy, 2015-20, the Central Government hereby makes the following amendment in the Foreign Trade Policy 2015-20 with immediate effect:
2. A sub-para (d) is inserted in para 4.01 of the Foreign Trade Policy, 2015-20 as below:
“(d) Scheme for Rebate of State Levies (RoSL), as notified in pare 63 of Ministry of Textiles Notification No. 14/26/2016-IT (Vol-II) dated 07.03.2019 and as amended vide Notification No. 12015/11/2020-TTP dated 09.06.2020 will be implemented by the DGFT in scrip mode, for which procedure will be laid down separately.”
Effect of this Notification: A new sub-pan has been inserted in the Foreign Trade Policy, 2015-20 to give effect to the pars 6.3 of the Ministry of Textiles Notification No. 14/26/2016-IT (Vol-II) dated 07.03.2019. as amended vide Notification No. 12015/11/2020-TTP dated 09.06.2020 regarding the issue of duty credit scrips under Scheme for Rebate of State Levies.
(Amit Yadav)
Director General of Foreign Trade
Ex-officio Additional Secretary to the Government of India
E-mail:dgft@nic.in
[Issued from File No. 01/61/180/14/AM21/PC-3]