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
Export obligation compliance: exporters who completed obligations can obtain EODCs through zonal EODC camps despite delayed documentation. Exporters under the EPCG Scheme who completed export obligations but delayed documentary submission can regularise by obtaining an Export Obligation Discharge Certificate through zonal EODC Camps; the reply notes this procedural remedy but does not specify applicable penal provisions or the limits of departmental leniency. (AI Summary)