Amnesty Scheme for one time settlement of default in export obligation by Advance and EPCG authorisation holders - Notification No.32/2023-Customs dated 26.04.2023.
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Amnesty scheme for export obligation defaults permits one-time duty settlement with capped interest and registration/payment requirements. Amnesty scheme permits one-time regularisation of export obligation shortfalls by Advance Authorisation and EPCG holders through payment of applicable customs duty and interest as specified in DGFT Public Notice No.02/2023, with interest capped at 100% of duties exempted where interest applies; no interest on Additional Customs Duty or Special Additional Customs Duty; registration and payment to jurisdictional customs required to avail the scheme.
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.
Amnesty scheme for export obligation defaults permits one-time duty settlement with capped interest and registration/payment requirements.
Amnesty scheme permits one-time regularisation of export obligation shortfalls by Advance Authorisation and EPCG holders through payment of applicable customs duty and interest as specified in DGFT Public Notice No.02/2023, with interest capped at 100% of duties exempted where interest applies; no interest on Additional Customs Duty or Special Additional Customs Duty; registration and payment to jurisdictional customs required to avail the scheme.
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