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Export · Import · Customs · DGFT Intelligence
Procedure

PARA 5.14

Document type
Procedure
Dated

Regularisation of Bonafide Default

5.14

In case, EPCG licence holder fails to fulfil the prescribed export obligation, he shall pay duties of Customs plus 15% interest per annum to the Customs authority as per paragraph 5.8/5.8.1.

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