Counting of third party exports under EPCG scheme and Clarification on paragraph 6.5(i) of EXIM Policy where further processing is done to add value

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..... th July, 98 Subject :- Counting of third party exports under EPCG scheme and Clarification on paragraph 6.5(i) of EXIM Policy where further processing is done to add value. Attention is invited to paragraph 6.5 (vi) of the Exim Policy (RE-98), 1997-2002 which reads as follows: "Where the manufacturer exporter has obtained licences for the manufacture of the same export product both under .....

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..... ) of the Exim Policy (RE-98), 1997-2002, the DEPB benefit can be claimed by either of the two depending upon the agreement which the manufacturer holding the EPCG license has with the third party. However, in such cases, the claimant shall submit a 'No Objection Certificate' from the other party that DEPB benefit has not been claimed or shall not be claimed by the latter and the latter is also .....

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..... der by the use of capital goods under EPCG scheme. The EPCG licence holder shall, in such cases, be making a request to the concerned licensing authority requesting for change in the export product mentioning the name and address of the manufacturer who shall be converting the intermediate product into final product. The licensing authority shall allow the aforesaid change after enhancing the ex .....

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