Directorate General of Foreign Trade (“DGFT”) vide Trade Notice 20/2019-20 dated June 26, 2019, has stated that the Regional Authorities (“RA”) should issue one consolidated deficiency letter for redemption request of Advance Authorisation/Export Promotion Capital Goods (“AA/EPCG”) cases.
It has come to the notice of this Directorate that some RA are issuing the deficiency letters multiple times, in a piecemeal manner during the processing of redemption request of AA/EPCG cases. This has been viewed very seriously by DGFT.
In the past also, issuing of one consolidated deficiency letter for a particular redemption request has been stressed. Therefore, it is reiterated all the RA must convey all deficiencies in one go only, in a time bound manner. Second deficiency letter, under unavoidable circumstances, may be issued only after the approval of the head of the RA.
Complete Trade Notice can be accessed at: http://www.a2ztaxcorp.com/wp-content/uploads/2019/06/Trade-Notice-No-20.pdf