Amnesty scheme for export obligation defaults enables one-time settlement and closure of Advance and EPCG authorisations online. Online procedure for the amnesty scheme requires Advance and EPCG holders to file closure applications on the DGFT portal, declare duty and interest under the Redemption Matrix, and await RA verification of shortfall. Applicants must pay required duty and interest to the jurisdictional Customs Authority and upload proof; thereafter the RA may grant the Export Obligation Discharge Certificate (EODC) online. RAs are to process applications within three working days and help resources are available on the DGFT website.
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Provisions expressly mentioned in the judgment/order text.
Amnesty scheme for export obligation defaults enables one-time settlement and closure of Advance and EPCG authorisations online.
Online procedure for the amnesty scheme requires Advance and EPCG holders to file closure applications on the DGFT portal, declare duty and interest under the Redemption Matrix, and await RA verification of shortfall. Applicants must pay required duty and interest to the jurisdictional Customs Authority and upload proof; thereafter the RA may grant the Export Obligation Discharge Certificate (EODC) online. RAs are to process applications within three working days and help resources are available on the DGFT website.
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