Average export under EPCG Scheme

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..... Average export under EPCG Scheme
Query (Issue) Started By: - kamal chordia Dated:- 10-11-2012 Last Reply Date:- 15-11-2012 Customs - Exim - SEZ
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Customs
Kindly confirm below is .....

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..... the correct way to workout average export performance under EPCG Scheme WITH REFERENCE TO DGFT CIRCULAR NO 28/07 DT 22.01.08 TOTAL EXPORT - AVERAGE MAINTAINED - ADDITONAL MADE BUT LICENCE NOT REDEE .....

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..... MED= ADDITONAL EXPORT OBLIGATION MADE AND LICENCE IS REDEEMED OR WE CAN SAY THE AVERAGE EXPORT IS ARITHMATIC MEAN OF ADDITONAL EXPORT OBLIGATION UNDER EPCG LICENCES WHICH WERE REDEEMED IN PRECEEDING .....

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..... 3 LICENCING YEAR. Kindly check and revert Thanks & regards KAMAL Reply By kamal chordia: The Reply: Dear Sir Please note as under [1] Our export of last three year was 20, 25, 15 crore respec .....

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..... tively. [2] The Additional Export obligation made under EPCG Licence which were redeemed as Rs 5,6,3 Crore Respectively. [3] The additional export made but the licence is not redeemed as Rs 1,2.5, 1 .....

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..... Crore Now my questation is that in abive case what would be the average export obligation. Kindly check and revert thanks & regards Kamal
Discussion Forum - Knowledge Sharing .....

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