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EO agst EPCG & Advance License, Customs - Exim - SEZ

Issue Id: - 4314
Dated: 30-6-2012
By:- deepak kalambate

EO agst EPCG & Advance License


  • Contents

Dear Sir,

 

Pl. let me know whether export made against EPCG license can be counted towards fulfilment of export obligation for Advance License simultaneously.


Posts / Replies

Showing Replies 1 to 5 of 5 Records

Page: 1


1 Dated: 30-6-2012
By:- Pradeep Khatri

Yes, it it allowed.

To encourage value added manufacture export, a minimum 15% value addition on imported inputs under Advance Authorisation Scheme has been stipulated.Shipments under Advance Authorization, DFRC, DFIA,or Drawback scheme, or incentive schemes under Chapter 3 of FTP; would also count for fulfillment of EPCG export obligation.

This is for your kind information.

Regards,

Pradeep Khatri

 


2 Dated: 30-6-2012
By:- deepak kalambate

thanks a lot for your immediate reply !


3 Dated: 30-6-2012
By:- deepak kalambate

As DGFT is giving seperate EO for both EPCG & Advance license at the time of issuing license then how the single shipping bill is prepared for both i.e. for EPCG & Advance License.

In other words if I exported goods worth Rs.10 Lacs, then i have fulfilled EO of Rs.10 Lacs against EPCG and also of Rs.10 Lacs against Advance License?

Pl advise.


4 Dated: 2-7-2012
By:- Rahul Sonawane

You can file the shipping bill under scheme code of Advance + EPCG Lic, you just give instructions to your CHA , he will do it.


5 Dated: 3-7-2012
By:- sundar raman

for advance licence the EO based on quantity imported to be exported where as for EPCG EO based on value.  single shipping bill can be fulfilled for both advance and epcg licences.


Page: 1

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