The Director-General of Foreign Trade (DGFT) notified the extension of the time limit for filing claims under the Transport and Marketing Assistance (TMA) Scheme for specified agricultural products.
The DGFT empowered under paragraph 2.04 of the Foreign Trade Policy 2015-2020, as amended from time to time notified the amendment in Chapter 7(A) of the Handbook of Procedures (2015-20) with immediate effect i.e. 13th July 2021.
In para 7A.01(d), the following sentence is added at the end “Application for refund of such claims for the quarter ending 31st March 2020 and 30th June 2020 may be filed upto 30th September, 2021″.
In other words, the claims for assistance under the TMA Scheme for the quarter ending on March 31, 2020, and June 30, 2020, can be filed upto 30th September 2021.
The “Transport and Marketing Assistance” (TMA) for specified agriculture products Scheme aims to provide assistance for the international component of freight and marketing of agricultural produce which is likely to mitigate the disadvantage of the higher cost of transportation of export of specified agriculture products due to trans-shipment and to promote brand recognition for Indian agricultural products in the specified overseas markets.
All exporters, duly registered with relevant Export Promotion Council as per Foreign Trade Policy, of eligible agriculture products, shall be covered under this scheme. The assistance, at notified rates, will be available for the export of eligible agriculture products to the permissible countries, as specified from time to time. TMA would be reimbursed through the Regional Authorities of DGFT as per the procedure laid down in Chapter 7(A) of the Handbook of Procedures. The assistance is provided on the export of all agriculture products covered in HSN chapter 1 to 24 including marine and plantation products.
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