We have a case wherein clients have discharged the export obligation within 2-4yrs but due to changes frequently haven't submitted documents and obtained discharged certificate. What are the penal provisions in respect to that?
How lenient the department is in such cases?
Need answer a bit urgently
Client Can Submit Documents for EPCG License Discharge at DGFT EODC Camps Despite Delays A client fulfilled their export obligation under an EPCG license within 2-4 years but failed to submit the necessary documents to obtain a discharge certificate due to frequent changes. They inquired about potential penalties and the leniency of the department in such cases. A response suggested that the client could still submit the documents, as the Directorate General of Foreign Trade (DGFT) recently organized Export Obligation Discharge Certificate (EODC) Camps at various zonal offices to facilitate this process. (AI Summary)
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