One-time condonation for late EPCG installation certificates permitted with penalty and specified eligibility and documentary conditions. One-time relaxation allows RAs to accept installation certificates under the EPCG scheme submitted beyond prescribed time on payment of a penalty of Rs. 5,000 per authorization, subject to conditions: capital goods were installed within eighteen months of import; bonafide reasons for delay are submitted; the certificate is filed by the substituted cut-off date; and the authorization is not under investigation or adjudication by any agency.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
One-time condonation for late EPCG installation certificates permitted with penalty and specified eligibility and documentary conditions.
One-time relaxation allows RAs to accept installation certificates under the EPCG scheme submitted beyond prescribed time on payment of a penalty of Rs. 5,000 per authorization, subject to conditions: capital goods were installed within eighteen months of import; bonafide reasons for delay are submitted; the certificate is filed by the substituted cut-off date; and the authorization is not under investigation or adjudication by any agency.
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