Facility for suo moto payment of customs duty in case of bona fide default in export obligation under the Advance / EPCG authorisations – reg.

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..... New Delhi, dated 1st April, 2015 To All Principal Chief Commissioners/Chief Commissioners of Customs / Customs (Prev)/ Central Excise Customs, All Principal Directors General/Directors General of CBEC / Chief Commissioner (AR), CESTAT, All Principal Commissioners/Commissioners under CBEC Ma am/Sir, Subject : Facility for suo moto payment of customs duty in case of bona fi .....

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..... ed acknowledgement from the concerned RA of its application for regularization of bona fide default in EO. The application must show, inter alia, the AH s own/self-calculation of the duty payable for the default in EO and interest thereon. (b) During pendency of the detailed calculations by the RA, such an AH may - (i) Deposit, in cash, the own/self-calculated duty amount, along with intere .....

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..... suitably endorse it on the scrip. However, the AH shall pay the interest in cash in the designated bank at the port where the authorization is registered. One copy of the paid challan shall be submitted to the Customs Authority at the said port which shall update its records. (c) On receipt of the excess import letter issued by RA after its detailed calculations (indicating inter alia the repor .....

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