The Director General of Foreign Trade vide public notice dated 13th April, 2022 has amended the Handbook of Procedures (2015-20) to revise the Export Promotion Capital Goods Scheme. The revised scheme provides for Annual reporting of Export Obligation fulfillment. Authorization holders shall submit to the concerned authority by 30th June of every year, a report on fulfillment of export obligation through online.
Such a report shall contain details such as Shipping bill/GST invoice number, date of export/supply, description of product exported/supplied. Any delay in filing such an annual report shall be regularized on payment of Rs. 5000/- late fees for each financial year per authorization.
