Amendments in Chapter 5 of the Handbook of Procedures 2015-20, related to Export Promotion Capital Goods Scheme to reduce 'Compliance Burden' and enhance 'Ease of doing Business' - DGFT - 13/2015-2020

GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE UDYOG BHAVAN PUBLIC NOTICE No. 13/2015-2020 New Delhi, Dated the 09th June, 2022 Subject: Amendments in Chapter 5 of the Handbook of Procedures 2015-20, related to Export Promotion Capital Goods Scheme to reduce 'Compliance Burden' and enhance 'Ease of doing Business' - reg. In exercise of powers conferred under Paragraph 1.03 of the Foreign Trade Policy (FTP) 2015-2020 , as amended from time to time, the Director General of Foreign Trade hereby makes the following amendments in Chapter 5 of the Handbook of Procedures (2015-20) with immediate effect. These amendments are applicable for EPCG authorizations issued under FTP-2015-20 . 1. The following sentence is added at the end of existing para 5.15 of Handbook of procedures . Time limit to file returns for the year 2022-23 is extended till 30.9.2022. Late fees of Rs. 5000/- under this para is applicable for the returns due to be filed from the year 2022-23 onwards. Effect of this Public Notice: Extension of last date for filing of annual returns under Para 5.15 of HBP 2015-20 along with a clarification that imposition of penalty of Rs.5000/- for late filing of annual returns is applicable from 2022-23. (Santosh Kumar Sarangi) Director General of Foreign Trade Ex-officio Additional Secretary, Government of India Email:[email protected] (Issued from File No. 18/79/AM-21/P-5)