CIRCULAR/NOTIFICATION FOR THE EXTENSION OF THE LICENSE VALUE

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..... CIRCULAR/NOTIFICATION FOR THE EXTENSION OF THE LICENSE VALUE
Query (Issue) Started By: - GVSSR shankar Dated:- 1-11-2018 Last Reply Date:- 6-11-2018 Customs - Exim - SEZ
Got 1 Reply
Customs< .....

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..... br>Dear Sir, we took the EPCG License for some value, unfortunately because of the fluctuation in the exchange rates the actual value of the shipment got increased and because of that we are unable t .....

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..... o clear the shipment from the customs. Now please help / advise us the Circular /Notification for the extension of the value. I guess it can be done from 5% to 10% on the existing License Value. Repl .....

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..... y By Gokul Agri: The Reply: Dear, You may please to note point no. (2) & (b) of para 5.16 of HBP FTP 2015-20 , wherein mention "Automatic Reduction/Enhancment up 10% of Duty saved amount and pr .....

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..... o rata reduction
Discussion Forum - Knowledge Sharing .....

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