The Synthetic & Rayon Textiles Export Promotion Council

Onetime condonation under the EPCG Scheme –Extension till 30.09.2019

Circular No.ES/413/2018-19                                                          March 12, 2019

To: Members of the Council

Sub.: Onetime condonation under the EPCG Scheme –Extension till 30.09.2019

Dear Member,

We are glad to inform you that DGFT has issued Public Notice No. 78/2015-2020 dated 11th March, 2019 by extending the time of receipt of requests for the EPCG Scheme till 30th September, 2019.

In this regard, we would like to draw your kind attention to important DGFT Public Notices issued by allowing onetime condonation period under EPCG Scheme for the following cases –

Sr. No.

Public Notice No. & Date

Subject

(1)

35/2015-20 dated 25.10.2017

Obtaining block-wise extension in Export Obligation period

(2)

36/2015-20 dated 25.10.2017

Obtaining extension in Export Obligation period

(3)

37/2015-20 dated 25.10.2017

Delay in submission of installation certificate

DGFT had later modified Public Notice No. 37/2015-20 dated 25.10.2017 and issued Public Notice No. 30/2015-20 dated 14.08.2018 where RAs were delegated powers till 31st  March, 2019 for allowing one time relaxation and condonation of delay in submission of installation certificate for EPCG authorizations issued upto 31st March, 2015, without payment of any penalty.

The DGFT in public interest further extends the time of receipt of such requests till 30th September, 2019 in respect of the above mentioned Public Notices.

Members are therefore requested to make a note of the above and do the needful before the due date of 30th September, 2019.                                            

Thanking you,               

Yours faithfully,

S. BALARAJU
EXECUTIVE DIRECTOR