DGFT notifies Additional Ad Hoc Incentives for mobile phones (Other than push button type and push button type

Feb 03, 2020 | by Avantis RegTech Legal Research Team

Finance & Taxation Compliance

The Directorate General of Foreign Trade (DGFT) on January 29, 2020, notifies 2% additional ad hoc incentives for 2 HS Codes or tariff lines 85171211 and 85171219 for exports made with Let Export date from January 01, 2020 to March 31, 2020.

The following 3.25 is added in the Chapter 3 of the Foreign Trade Policy, 2015-2020:

A 2% Additional Ad hoc incentives for 2 HS odes or tariff lines, as below:

i.                     85171211: Mobile phones, other than push button type and

ii.                   85171219: Mobile phones, push button type.

Would be available, along with the rewards under Merchandise Exports from India Scheme (MEIS) for exports made in the period January 01, 2020 to March 31, 2020. All other provisions as applicable for MEIS in the Foreign Trade Policy, 2015-20 and Handbook of procedures 2015-20, will be applicable for the 2% Additional Ad Hoc Incentives as well.

[Notification No. 43/2015-2020]


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