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Maintain of Average Export for EPCG Scheme

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..... Maintain of Average Export for EPCG Scheme
Query (Issue) Started By: - Sambhav Jain Dated:- 13-12-2019 Last Reply Date:- 17-5-2020 Customs - Exim - SEZ
Got 1 Reply
Customs
Respected Exper .....

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..... ts, (A) My first query is that why is it important for exporter to maintain Average export for redemption of EPCG license? (B) My another query is that if it is a new company and opt for the third p .....

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..... arty Export obligation to export the goods And he never exports the product then why it is not important for that company to maintain Average export The new company is not even exporting not even m .....

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..... aintaining average export then also getting export obligation fulfilled by the help of third party export? Reply By YAGAY andSUN: The Reply: For old companies who are exporting regularly are require .....

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..... d to maintain the Average Export for redemption of EPCG License over and above their normal exports.so that export against new allotted epcg should not be disturbed or merged with the normal export ob .....

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..... ligation etc. Since new companies had never before exported there fore on them Average Export clause is not applicable.
Discussion Forum - Knowledge Sharing .....

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