Facility for suo moto payment of customs duty in case of bona fide default in export obligation under the Advance / EPCG authorisations – reg.

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.... Drawback Division New Delhi, dated 1st April,  2015 To All Principal Chief Commissioners/Chief Commissioners of Customs / Customs (Prev)/ Central Excise & Customs, All Principal Directors General/Directors General of CBEC / Chief Commissioner (AR), CESTAT, All Principal Commissioners/Commissioners under CBEC Ma'am/Sir, Subject : Facility for suo moto payment of custom....

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....be adopted by an AH who has obtained acknowledgement from the concerned RA of its application for regularization of bona fide default in EO. The application must show, inter alia, the AH's own/self-calculation of the duty payable for the default in EO and interest thereon. (b) During pendency of the detailed calculations by the RA, such an AH may - (i)  Deposit, in cash, the own/self-ca....

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.... the debit in Customs records and also suitably endorse it on the scrip. However, the AH shall pay the interest in cash in the designated bank at the port where the authorization is registered. One copy of the paid challan shall be submitted to the Customs Authority at the said port which shall update its records. (c) On receipt of the excess import letter issued by RA after its detailed calcul....