TMI BlogDebonding of EOU/EPZ units under EPCG SchemeX X X X Extracts X X X X X X X X Extracts X X X X ..... units under EPCG Scheme. Attention is invited to paragraph 9.27 of the policy read with paragraph 6.7 of the Handbook (Vol.1) relating to option available to EOU/EPZ units to debond the capital goods under the EPCG scheme. It is clarified that units debonding capital goods under EPCG scheme are required to execute BG/LUT with the licensing authority as per the provisions given in the HandBook ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... case may be, depending on the scheme in which unit opts for debonding. However, if a standalone EOU/EPZ unit wish to debond under EPCG scheme, there shall be no export obligation for maintenance of the average the only such an obligation under EPCG scheme on a standalone unit shall be imposed which may be equivalent to 4 times or 6 times of the depreciated value, as the case may be, depending up ..... X X X X Extracts X X X X X X X X Extracts X X X X
|