Amnesty scheme for Advance authorization and EPCG schemes
July 7, 2023
Members of the Council
Sub : Amnesty scheme for Advance authorization and EPCG schemes
The DGFT had earlier notified the Amnesty scheme for Advance authorization and EPCG scheme vide Public Notice No.2/23 dated 1.4.23.
The Amnesty scheme is applicable only for those authorization issued under FTP 2009-14 till 31.3.2015 and for authorization issued under FTP 2004-09 and before, whose export obligation period (original or extended) was valid beyond 12.8.13. As per this scheme all pending cases of default in meeting export obligations under AA and EPCG for the said period can be regularised on payment of all Customs duties and 100% interest. Applicants willing to avail this scheme had to apply in DGFT portal on or before June 30, 2023.
Vide Public Notice No. 20/2023 dated June 30, 2023, the DGFT had extended the deadline for online registration to avail the Amnesty Scheme from June 30, 2023 to December 31, 2023.This Public Notice states that the authorisation holder should complete the payment of Customs duty plus interest with the Jurisdictional Customs Authorities by 31.3.2024.
The DGFT has also issued a Policy Circular No. 02/2023-24 dated June 23, 2023 specifying the procedure for applying for the said Amnesty Scheme.
All the aforementioned Public Notices/Policy Circular are enclosed herewith, for information of members.
Thanks & regards,