Bank Guarantee Percentage for EPCG

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..... Bank Guarantee Percentage for EPCG
Query (Issue) Started By: - PANKAJ MAHESHWARI Dated:- 7-3-2018 Last Reply Date:- 12-3-2018 Customs - Exim - SEZ
Got 1 Reply
Customs
Sir, What would be .....

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..... the bank guarantee percentage customs may impose for EPCG if importer in new but registered with excise as well as having permanent excise registration also SSI and RCMC as Manufacturer Exporter As p .....

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..... er Board circular 48/2017cs its 5 % and 25% imposing BG on Licence itself My question is that 5% and 25% BG applicable on EPCG scheme or Advance authorisation scheme what are the relevant judgments .....

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..... or circular or public notice for the BG on EPCG scheme and advance authorisation scheme Customs now started arguing that if such endorsement is there we will take 100 % BG and 15% BG Pl refer pune D .....

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..... GFT Trade Notice No. 15/AM16 dated 09.06.2016 and Policy Circular No. 35(RE-2000)/2000-2001 Dated: 19th December, 2000 Awaiting reply Reply By Kishan Barai: The Reply: BG for new exporter would be .....

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..... 100% in case of EPCG, if imported by Authorized economic operator then you would get concession based on tire 1,2 or 3. But you can approach the bank, in many cases, i have seen bank provide 100% BG f .....

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..... or EPCG by holding your only 15% of the amount in the bank. It's possible
Discussion Forum - Knowledge Sharing .....

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