Option to close cases of default in Export Obligation (EO) - Notification No. 46/2013-Customs dated 26.9.2013

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..... Customs / Customs (Prev) (All), Chief Commissioners of Central Excise & Customs (All) Directors General of CBEC / Chief Commissioner (AR), CESTAT (All) Commissioners of Customs / Customs (Prev)/ Customs & Central Excise (All) Commissioners of Customs (Appeals)/ Customs & Central Excise (Appeals) (All) Ma'am/Sir, Subject: Option to close cases of default in Export Obligation (EO) - Notificati .....

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..... for the default. The authorization holder choosing to avail this procedure must complete the process of payment on or before 31.3.2014. 2. The amendments made by the Notification No. 46/2013-Customs provide that in a case of default in export obligation, when the duty on the goods is paid to regularize the default, the amount of interest paid by the importer shall not exceed the amount of duty if .....

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..... default, take place seamlessly, if infringement of other conditions is not involved. Suitable mechanism for this should be put in place and closely supervised by the Commissioners. 5. Each Chief Commissioner of Customs / Customs (Prev) / Central Excise & Customs shall provide by 3rd of the succeeding month (beginning with report for October 2013 and ending with report for March 2014) a report to .....

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