CHEMEXCIL
Basic Chemicals, Cosmetics & Dyes Export Promotion Council
(Set-up by Ministry of Commerce and Industry, Govt of India)
Jhansi Castle, 4th floor, 7-Cooperage Road, Mumbai - 400 001.
Tel : 91-22-22021288, 22021330 Fax : 91-22-22026684.
E-mail: info@chemexcil.in
Website: http://www.chemexcil.in
EPC:LIC:DGFT:PN:22-2023-24 14th July 2023
ALL THE MEMBERS OF THE COUNCIL
DGFT Condonation of delay in submission of installation certificate under EPCG
Scheme to promote Ease of doing Business-Regarding
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Dear Members,
The O/o Directorate General of Foreign Trade, New Delhi had issued a Public Notice no 22/2023 dated 13th July, 2023.
This trade notice is regarding submission of your installation certificate late for EPCG authorizations, to make it easier to do business..
The Director General of Foreign Trade in Public interest made following relaxation in procedure in respect of acceptance of installation certificate under EPCG Scheme for authorizations issued FTP, 2009-14 and FTP, 2015-20 (extended up to 31.03.2023).
It has been decided that in relaxation of the procedure, the RAs concerned may accept such installation certificates up to 31.12.2023 for regularization purpose on payment of late fee of Rs. 10,000/- per authorization (in addition to composition fee, wherever applicable), subject to the following :-
· The installation certificate was obtained within the prescribed period but the same could not be submitted to the RA within time.
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The authorization holder has given bonafide reasons for delay in submission of installation certificate to RA.
For full details you may refer to said Public Notice on below link
https://content.dgft.gov.in/Website/dgftprod/5285e9a6-ecc8-430e-84db-675985d64d86/PN%20No.%2022%20dated%2013.07.2023%20(English).pdf
Feed-backs, if any may can be sent to the council on e-mail ids:- to pw@chemexcil.in for records/ further deliberations, if required.
Thanks and Regards
Prafulla Walhe
Dy. Director
CHEMEXCIL
Encl : Public Notice No. 22/2023
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