One time condonation under EPCG Scheme

07 Jan, 2020

Public Notice No. 55 /2015-20   Dated 3rd January, 2020

Issued By. DGFT

The following Public Notices have been issued by the Directorate General of Foreign Trade :-

  1. Public Notice No. 35/2015-20 dated 25.10.2017 - Onetime condonation of time period in respect of obtaining block-wise extension in Export Obligation period under EPCG Scheme.
  2. Public Notice No. 36/2015-20 dated 25.10.2017 - Onetime condonation of time period in respect of obtaining extension in Export Obligation Period under EPCG Scheme.
  3. Public Notice No. 37/2015-20 dated 25.10.2017 - Onetime relaxation for condonation of delay in submission of installation certificate under EPCG Scheme.

The validity of the above mentioned Public Notices was extended till 30.9.2018 vide Public Notice No. 1/2015-20 dated 26.04.2018 and further extended till 30.09.2019 vide Public Notice No.78/2015-20 dated 11.03.2019.

Public Notice No. 37/2015-20 dated 25.10.2017 was modified vide following Public Notice:-

Public Notice No. 30/2015-20 dated 14.08.2018 - RAs have been delegated power till 31st March, 2019 of one time relaxation and condonation of delay in submission of installation certificate for EPCG authorizations issued upto 31.03.2015, without payment of any penalty.

In exercise of powers conferred under Paragraph 2.04 of FTP (2015-20) read with Paragraph 2.58 of FTP (2015-20), the Director General of Foreign Trade in public interest hereby further extends the time of receipt of requests till 31.03.2020 in respect of the above mentioned Public Notices.

The other contents of the above mentioned Public Notices shall remain the same.

Effect of this Public Notice :- The time period to receive requests in RAs for block-wise extension; extension in Export Obligation Period and submission of installation certificate is further extended up to 31.03.2020.

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