Amendment in Chapter 5 of the Handbook of Procedures HBP 2023 related to EPCG Scheme to reduce Compliance Burden and enhance Ease of doing Business

EXTRAORDINARY PART I—Section 1 PUBLISHED BY AUTHORITY a .—le;&le; ij la'kksf/kr fons' k O;kikj uhfr ¼,QVhih½] 2023 ds iSjk 1-03 vkSj 2 -04 ds rgr iznÙk 'kfDr;ksa dk iz;ksx djrs gq, egkfuns 'kd] fons'k O;kikj ,rn~}kjk rRdky izHkko ls izfØ;k iqLrd] 2023 ds v/;k; 5 esa fuEufyf[kr la 'kks/ku djrs gS%& izkf/kdkj i= /kkjd izR;sd o"kZ dh 30 twu rd lacaf/kr {ks=h; izkf/kdkjh dks fu;kZr nkf;Ro iwjk djus dh fjiksVZ vkWuykbu ek/;e ls izLrqr djsxkA bl rjg dh fjiksVZ çkf/kdkj i= /kkjd pkj o"kZ dh çFke Cy‚d vof/k dh lekfIr ds i'pkr rFkk oS/k fu;kZr nkf;Ro vof/k dh lekfIr rd v‚uykbu eksM ds ek/;e ls सं. 256] नई दिल्ली , सोमवार , जसतम् ब र 23, 2024/आज‍ व न 1, 1946 No. 256] NEW DELHI, MONDAY , SEPTEMBER 23, 2024 /ASVINA 1 , 194 6 CG-DL-E-23092024-257427 esa f'kfiax fcy@th,lVh chtd la[;k] fu;kZr@ vkiwfrZ dh rkjh[k] fu;kZr@vkiwfrZ@lsok çnku fd, x, mRikn dk fooj.k vkSj fof’k"V vkSj lkFk&lkFk vkSlr fu;kZr nkf;Ro nksuksa ds fy, fu;kZr@vkiwfrZ dk ,Qvksch@,Qvksvkj ewY; ds fooj.k ds lkFk ,d C;kSjk 'kkfey gksxkA ,slh okf"kZd fjiksVZ izLrqr djus esa fdlh Hkh nsjh dks çR;sd izkf/kdkj i= ds fy, çfr o"kZ 5000@& #i;s ds foyac 'kqYd ds Hkqxrku ij fu;fer fd;k tk,xkA fu;kZr nkf;Ro dh iwfrZ ij fjiksVZ lacaf/kr {ks=h; izkf/kdkjh dks çLrqr djsxkA ,slh fjiksVZ esa f'kfiax fcy@chtd la[;k@fu;kZr fcy@,Q -vkbZ-vkj-lh- la[;k ds fooj.k ds lkFk fnukad vkSj la[;k] tSlk Hkh ykxw gks] lunh ys[kkdkj@ykxr ys[kkdkj@daiuh lfpo }kjk fof/kor çekf.kr fof'k"V rFkk vkSlr fu;kZr nkf;Ro ¼tks Hkh ykxw gks½ dh iwfrZ ds izek.k ds :i esa 'kkfey gksxhA O;kikj djus esa lqxerk c<+kus vkSj vuqikyu cks> dks de djus ds mís'; ls] izfØ;k iqLrd] 2023 dh fu;kZr lao/kZu iwathxr oLrq Ldhe ls lacaf/kr v/;k; 5 ds çko/kku dks fons'k O;kikj uhfr ds rgr tkjh bZihlhth çkf/kdkj i= ds fy, la'kksf/kr fd;k x;k gSA larks"k dqekj lkjaxh ,egkfuns'kd fons'k O;kikj ,oa insu vij lfpo MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce ) (DIRECTORATE GENERAL OF FOREIGN TRADE ) PUBLIC NOTICE New Delhi, the 20th September, 2024 No. 24/2024 -25 Subject: Amendment in Chapter 5 of the Handbook of Procedures (HBP) 2023, related to EPCG Scheme to reduce 'Compliance Burden' and enhance 'Ease of doing Business' – reg. F. No. 18/31/AM -25/P -5.—In exercise of powers conferred under Paragraphs 1.03 and 2.04 of the Foreign Trade Policy, 2023, as amended from time to time, the Director General of Foreign Trade hereby makes the following amendment in Chapter 5 of the HBP, 2023 with immediate effect : S. No. Para No. Existing provision Revised provision 1 5.14 Annual reporting of EO fulfillment Authorisation holder shall submit to RA concerned by 30th June of every year, a report on fulfilment of export obligation through online. Such report shall contain a statement with details such as Shipping bill/GST invoice number, date of export/supply, description of product exported/supplied/service rendered and FOB/FOR value of export/supply for both specific as well as average export obligation. Any delay in filing such annual report shall be regularised on payment of a late fee of Rs. 5000/ - per year for each authorisation. Report for EO fulfillment Authorisation holder shall submit to RA concerned a report on fulfilment of export obligation through online mode after expiry of first block period of four years and continuously till the expiry of valid EO period. Such report shall contain a statement with details of Shipping bill/Invoice number/Bill of Export/FIRC number with date and number, as applicable, duly certified by Chartered Accountant/Cost Accountant/ Company Secretary for evidencing fulfillment of specific as well as average EO (wherever applicable). Effect of this Public Notice: With a view to enhance ease of doing business and reduce the compliance burden, provision of Chapter 5 related to the Export Promotion Capital Goods Scheme of the HBP, 2023 is amended for EPCG authorizations issued under Foreign Trade Policy. SANTOSH KUMAR SARANGI, Director General of Foreign Trade & Ex-officio Addl . Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.