https://www.taxtmi.com/circulars?id=62820 Authorisation holders with an acknowledged RA regularisation application may make suo-moto payment of self-calculated duty and interest for bona fide default under Advance/EPCG by cash challan or debit of eligible Chapter 3 duty credit scrips (limited to permitted imports); interest must be paid in cash and challans submitted to Customs for record update. Upon the RA's excess import letter, Customs will confirm actual duty and interest, adjust for prior payments or debits, direct payment of any balance, endorse paid challans, and, after the RA's redemption letter, reconcile and initiate release of the Bond/Bank Guarantee. en-us Wed, 13 May 2015 00:00:00 +0530 Thu, 17 Oct 2019 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=62820 Authorisation holders with an acknowledged RA regularisation application may make suo-moto payment of self-calculated duty and interest for bona fide default under Advance/EPCG by cash challan or debit of eligible Chapter 3 duty credit scrips (limited to permitted imports); interest must be paid in cash and challans submitted to Customs for record update. Upon the RA's excess import letter, Customs will confirm actual duty and interest, adjust for prior payments or debits, direct payment of any balance, endorse paid challans, and, after the RA's redemption letter, reconcile and initiate release of the Bond/Bank Guarantee. Circulars Customs Wed, 13 May 2015 00:00:00 +0530 https://www.taxtmi.com/circulars?id=62820