PUBLIC NOTICE NO. 13/2022, DT. 09/06/2022
- Document type
- Circular
- Dated
- Category
- Public Notice w.e.f. 01/04/2022
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'
PUBLIC NOTICE NO. 13/2022, DT. 09/06/2022
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'
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 Addl. Secy