We have taken EPCG licence in the F.Y 2015-16 but we could't able to fulfill export obligation with in six years ( its zero export) and recently we have received a notice from customs saying that to produce EODC.
Kindly advice how to get EODC from DGFT, since we have paid duty saved amount with applicable interest to customes.
EODC application: obtain a redemption letter after TR6 duty payment by presenting payment proof and a self certified calculation. After failing to meet EPCG export obligations, an applicant who has paid customs duty and applicable interest by TR6 challan should approach the Regional Authority for a redemption letter; the RA will issue the letter on production of the duty paid challan and a self certified calculation sheet as documentary evidence to record discharge of the obligation. (AI Summary)