FTP – DGFT issued public notice to provide one time relaxation to authorization holders to furnish additional fee to cover excess duty utilized for the EPCG authorizations [Public Notice attached]


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26-Feb-2023 09:28:45
Public Notice No. 58/2015-2020 dated 24th February 2023
Key Pointers –
- To facilitate the Ease of Doing Business, it has been decided to permit the RAs to allow the authorisation holder to furnish additional fee to cover excess duty utilized for the EPCG authorizations issued under the FTP 2009-14 (extended upto 31.03.2015) also at the time of application of EODC subject to the condition that excess duty utilized was not more than l0% of duty saved value of the authorization.
- One time relaxation is granted in submission of additional fee to cover excess duty utilised in EPCG authorisations issued under Foreign Trade Policy (2009-14) (extended upto 31.03.2015).
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