Clarification regarding Payment received in (FEE) / Indian Rupees by airport service provider for (EO) fulfilment under EPCG Scheme

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 8/2008 Representations have been received from Trade and Industry seeking clarification on the above subject. 2.1 Following payments received in FFE by Airport Service Provider for the services rendered to foreign Airlines / foreign nationals are eligible for EO discharge under EPCG Scheme. 1. Aircraft landing and parking charges, from foreign airlines. 2. Land and space rentals, warehousi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... arges etc., so far as they pertain to Indian consumer (who pays for it). In the case of airport service provider, it may be noted that as per Para 9.53 (iv) of Foreign Trade Policy payment made by foreign airlines from their repatriable or remittable earnings in Indian Rupees, which are otherwise considered as having been paid for in free foreign exchange by RBI is to be counted as free forei .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X