https://www.taxtmi.com/circulars?id=53606 Regularization permits authorization holders to close pending export obligation defaults by paying the applicable customs duty for the shortfall plus interest on that duty, with interest capped at the amount of duty. The option excludes cases where the export obligation period remains unexpired and ordinarily yields no refund; procedural steps and any corrections for calculation errors are to be issued separately. en-us Wed, 11 Dec 2013 00:00:00 +0530 Fri, 19 Jun 2015 11:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53606 Regularization permits authorization holders to close pending export obligation defaults by paying the applicable customs duty for the shortfall plus interest on that duty, with interest capped at the amount of duty. The option excludes cases where the export obligation period remains unexpired and ordinarily yields no refund; procedural steps and any corrections for calculation errors are to be issued separately. Circulars Customs Wed, 11 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53606