DGFT extended the last date to apply under the Amnesty Scheme till December 31, 2023
The Directorate General of Foreign Trade (DGFT), through Public Notice No. 20/2023 dated June 30, 2023, has prolonged the deadline for applying under the Amnesty Scheme until December 31, 2023. Additionally, the deadline for making payment of Customs Duty along with interest has been extended until March 31, 2024.
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DGFT extended the last date to apply under the Amnesty Scheme till December 31, 2023
The Directorate General of Foreign Trade (DGFT), through Public Notice No. 20/2023 dated June 30, 2023, has prolonged the deadline for applying under the Amnesty Scheme until December 31, 2023. Additionally, the deadline for making payment of Customs Duty along with interest has been extended until March 31, 2024.
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE
DIRECTORATE GENERAL OF FOREIGN TRADE VANIJYA BHAVAN, NEW DELHI
PUBLIC NOTICE No:20/2023
NEW DELHI, DATED THE 30 June 2023
Subject: Amnesty scheme for one-time settlement of default in export obligation by Advance and EPCG authorization holders – Amendment reg.
The following Public Notices have been issued by the Directorate General of Foreign Trade:-
(i) Public Notice No. 02/2023 dated April 01, 2023 – Notification of Amnesty Scheme.
(ii) Public Notice No. 07/2023 dated April 18, 2023 – Amendment of Amnesty Scheme
Under the authority granted by Paragraph 1.03 of the Foreign Trade Policy (FTP) 2023, which has been amended periodically, the Director General of Foreign Trade is hereby introducing the following modification to paragraph II (vii) of Public Notice No. 02/2023 dated April 01, 2023, which pertains to the notification of the Amnesty Scheme:
vii. Any individual or entity holding authorization who wishes to take advantage of this opportunity must fulfill the registration requirements stated in paragraph (iii) above no later than December 31, 2023. The payment of Customs duty, along with interest, to the relevant Jurisdictional Customs Authorities, must be finalized by March 31, 2024.
The other contents of the aforementioned Public Notices shall remain the same.
Effect of this Public Notice: The extension of the last date to apply under the Amnesty Scheme has been till December 31, 2023, and the last date for payment of Customs Duty plus interest has been raised to March 31, 2024.
The official notification can be accessed from the given link-
Also Read: PAN-Aadhaar linking: CBDT Puts Clarification on PAN-Aadhaar Linking Deadline
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Krishna Gopal Varshney
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