The amnesty scheme for one-time settlement of defaults in EO in respect of Advance Authorisation and Export Promotion Capital Goods scheme was provided vide Public Notice no.:02/2023 dated 17 April 2023 as amended vide Policy Circular no.:07/2023 dated 18 April 20231.
In view of the above, the authorisation holder intending to avail the benefit of amnesty scheme was required to file application on or before 30 June 2023. Further, the applicable customs duty (along with interest) in respect of the aforesaid application was also required to be remitted on or before 30 September 2023.
The DGFT has decided to provide extension in respect of the aforesaid time limits as under:
- Last date for filing applications for the amnesty scheme – 31 December 2023 (extended from 30 June 2023).
- Last date for payment of customs duty (along with interest) – 31 March 2024 (extended from 30 September 2023).
[Source – Public Notice no.:20/2023 dated 30 June 2023]