https://www.taxtmi.com/circulars?id=66822 EODC will monitor export obligations under EPCG and Advance Authorisation; importers must produce installation certificates within specified periods and discharge export obligations within prescribed blocks or extensions. Failure to fulfil obligations triggers payment of proportional customs duties with interest within three months of block expiry, and Customs may recover unpaid amounts by encashment of securities or under Sections 142 and 143 of the Customs Act; non-fulfilment also exposes goods to confiscation and penalties under Sections 111(o) and 112(a). en-us Fri, 08 Sep 2023 00:00:00 +0530 Mon, 18 Sep 2023 14:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66822 EODC will monitor export obligations under EPCG and Advance Authorisation; importers must produce installation certificates within specified periods and discharge export obligations within prescribed blocks or extensions. Failure to fulfil obligations triggers payment of proportional customs duties with interest within three months of block expiry, and Customs may recover unpaid amounts by encashment of securities or under Sections 142 and 143 of the Customs Act; non-fulfilment also exposes goods to confiscation and penalties under Sections 111(o) and 112(a). Circulars Customs Fri, 08 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66822