DGFT: Amendments to the Amnesty Scheme for one time settlement of default in export obligation by Advance Authorization & EPCG Authorization holders clarifying ‘Interest payable is capped at maximum of 100% of such duties exempted, however no interest will be payable in Additional Customs Duties and Special Additional Customs Duties.(19.04.2023)

DGFT:

Amendments to the Amnesty Scheme for one time settlement of default in export obligation by Advance Authorization & EPCG Authorization holders clarifying ‘Interest payable is capped at maximum of 100% of such duties exempted, however no interest will be payable in Additional Customs Duties and Special Additional Customs Duties.

[Public Notice No.7/2023 dated 18^th April 2023]