DGFT, on 06th April 2023 issued Trade Notice No. 01/2023-24 to define redemption/ closure process of EPCG and Advance Authorisation.
Online application for redemption/closure of licence may be submitted by navigating to DGFT website –> Services –> AA / EPCG –> Closure of Advance Authorisation / Closure of EPCG.
With Validation Route-
Without Validation Route–
Given that the complete dataset such as shipping bills / Bills of Entry / eBRC / GST invoices / Bills of Exports / Tax Receipts etc. is available in online system.
Application may be submitted even with data (such as shipping bills / Bills of Entry / eBRC etc.) exceptions.