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EPCG-DGFT matter

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..... EPCG-DGFT matter
Query (Issue) Started By: - Narendra Soni Dated:- 26-10-2016 Last Reply Date:- 23-1-2017 Other Topics
Got 4 Replies
Indian Laws
Dear Expert, We issued one EPCG licence o .....

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..... n April 2016. Average EO for last three year is calculated as 165 Cr., Specific EO is 30 Lac.Machinery importer and installed, installation certificate submitted to Jt.DGFT office , there after we ful .....

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..... filled the Specific EO in this month, Average EO full filled till date is 103 Cr. Being the average EO will be completed till March 2017, Should we apply for its redemption to Jt.DGFt or wait till ma .....

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..... rch and apply for redemption after fulfillment of average EO. Please suggest. Reply By MUKUND THAKKAR: The Reply: once your obligation is completed you can submitt for redemption to Jt.DGFT, withou .....

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..... t waiting till march.. Reply By Ganeshan Kalyani: The Reply: To my knowledge both specific and average obligations to have completed for redemption . Reply By Narendra Soni: The Reply: Being the .....

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..... average EO is annual base, hence it can not be achieved in 4-6 months, it can only be achieved near about March, then should we hold the EPCG for redemption till March end ? Reply By YAGAY AND SUN: T .....

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..... he Reply: You may discuss it with your jurisdictional JDGFT in this regard as stated above both the EO are mandatory.
Discussion Forum - Knowledge Sharing .....

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