Export obligation enforcement: failure to submit EODC triggers duty plus interest recovery and bond/BG enforcement. Importers/license holders must submit EODC or proof of export obligation fulfillment within prescribed periods; failing which proportional duties and applicable interest on the unfulfilled obligation are immediately payable and recoverable. Field formations shall issue a simple notice and may keep cases in abeyance only where the licence holder shows a pending DGFT application with no action due on their part. Otherwise recovery proceeds under bond terms and Section 142, including encashment of bonds/BG, detention and sale of goods, and other recovery measures, while confiscation and penalty proceedings may also be initiated where warranted.
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.
Export obligation enforcement: failure to submit EODC triggers duty plus interest recovery and bond/BG enforcement.
Importers/license holders must submit EODC or proof of export obligation fulfillment within prescribed periods; failing which proportional duties and applicable interest on the unfulfilled obligation are immediately payable and recoverable. Field formations shall issue a simple notice and may keep cases in abeyance only where the licence holder shows a pending DGFT application with no action due on their part. Otherwise recovery proceeds under bond terms and Section 142, including encashment of bonds/BG, detention and sale of goods, and other recovery measures, while confiscation and penalty proceedings may also be initiated where warranted.
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