Amnesty Scheme for one time settlement of default in export obligation by Advance and EPCG authorization holders - Notification No. 32/2023-Customs dated 26.04.2023

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....w Delhi, dated the 17th May, 2023 To All Principal Chief Commissioners / Chief Commissioners, All Principal Directors General / Directors General, All Principal Commissioners/Commissioners of Customs/Customs (Prey)/ Central Tax & Customs Ma'am/Sir, Subject: Amnesty Scheme for one time settlement of default in export obligation by Advance and EPCG authorization holders - Notification No. 3....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....portion of Additional Customs Duty and Special Additional Customs Duty. The authorization holder choosing to avail this procedure must complete the process of payment on or before 30.09.2023. 2. The amendments made by the Notification No. 32/2023-Customs provide that in a case of default in export obligation, when the duty on the goods is paid to regularize the default in term of Public Notice No....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ensure that the exporters approaching for paying the duty, etc. are registered with the DGFT in terms of the Public Notice dated 02.04.2023 ibid. These cases under the scheme be monitored and tracked so that there is efficient handling and expeditious closure of these old cases of bona fide EC default in a seamless manner. Suitable mechanism for this should be put in place and closely supervised b....