India - Amnesty program to resolve unpaid export obligations 

October 15:  India’s Directorate General of Foreign Trade issued a notice to allow exporters to close cases relating to export obligation defaults.

In general, the export default obligations can be resolved by payment of an amount of customs duty corresponding to the shortfall in export obligation along with interest (equivalent to customs duty paid).


Read an October 2013 report [PDF 391 KB] prepared by the KPMG member firm in India.



For more information, contact a professional with KPMG’s Trade & Customs practice:


Douglas Zuvich

(312) 665-1022


Andrew Siciliano

(631) 425-6057


John L. McLoughlin

(267) 256-2614


Todd R. Smith

(949) 885-5617


Luis A. Abad

(212) 954-3094


Amie Ahanchian

(202) 533-3247


Or your local KPMG Trade & Customs professional.




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