https://www.taxtmi.com/circulars?id=65499 Amendments to the Export Promotion Capital Goods Scheme extend timelines for extension and regularisation of export obligation periods, introduce structured late fees and composition fees for shortfalls, require online annual reporting of EO fulfilment with late filing penalties, and modernise issuance and electronic forwarding of Export Obligation Discharge Certificates to ICEGATE. Automatic proportional enhancement of authorizations for limited excess imports is retained with obligation to pay additional fee at EODC application, and defaults entail payment of customs duties, taxes, cess and interest. en-us Wed, 13 Apr 2022 00:00:00 +0530 Thu, 14 Apr 2022 10:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=65499 Amendments to the Export Promotion Capital Goods Scheme extend timelines for extension and regularisation of export obligation periods, introduce structured late fees and composition fees for shortfalls, require online annual reporting of EO fulfilment with late filing penalties, and modernise issuance and electronic forwarding of Export Obligation Discharge Certificates to ICEGATE. Automatic proportional enhancement of authorizations for limited excess imports is retained with obligation to pay additional fee at EODC application, and defaults entail payment of customs duties, taxes, cess and interest. Circulars DGFT Wed, 13 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=65499