DGFT extended the last date to apply under the Amnesty Scheme till December 31, 2023 and last date for payment of Customs Duty plus interest has been extended till March 31, 2024.
The Government of India announced the new foreign trade policy (FTP) on March, 31, 2023. It included an amnesty scheme for exporters for one-time settlement of default in export obligation by the holders of Advance and EPCG (Export Promotion for Capital Goods) Authorisations.