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The government has recovered about Rs 852 crore under the amnesty scheme for exporters for one-time settlement of default in export obligation by the holders of advance and EPCG authorisations, an official said. The figures are likely to increase further as the exercise is on for the compilation of the data, the official added.
Procedure for applying for Amnesty scheme for one-time settlement of default in export obligation by Advance and EPCG authorization holders in manual mode – reg. Government of India Ministry of Commerce and Industry Department of Commerce (Directorate of General of…
To regularise export obligation (EO) default cases under the Export Promotion Capital Goods (EPCG) and Advance Authorisation (AA) schemes, the government is examining an amnesty scheme for exporters, under which they may be required to pay applicable customs duty but…
The DGFT vide Public Notice No. 13/2015-2020 dated June 09, 2022 has issued amendments in Para 5.15 to Chapter 5 of the Handbook of Procedures 2015-20 (“HBP”) [i.e. Export Promotion Capital Goods (“EPCG”) Scheme] so as to extend the last…