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TMI BlogEligibility of courier exports for EPCG obligationX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear members, Wanted to enquire if we do export of goods outside India physically, through courier mode, can the same be considered towards fulfilment of export obligation under EPCG scheme? Regards Bharat - Reply By KASTURI SETHI - The Reply = Yes, if foreign exchange is received. - Reply By Bharat Garg - The Reply = But the courier export regulations state that courier exports cannot be d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... one for shipments meant for EPCG, drawback etc. Hence, won't the authority deny benefit on that ground. - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = Yes, in my view there is the possibility of denying the benefit. - Reply By KASTURI SETHI - The Reply = Dear Bharat Garg, Pl. go through the following Rules. Rule 2(e)(iii) excludes export of goods under EPCG Scheme COURIER I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... MPORTS AND EXPORTS (CLEARANCE) REGULATIONS, 1998 M.F. (D.R.) Notification No. 87/98-Cus. (N.T.), dated 9-11-1998 as amended. - Reply By Bharat Garg - The Reply = Dear Kasturi Sethi, So the rule 2(e)(iii) excludes goods meant to be exported under EPCG and hence, the authority may deny benefit of setoff of courier exports against EPCG obligation - is that your view also? Regards ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Bharat - Reply By KASTURI SETHI - The Reply = Yes. As per Rules posted above by me, Dr.Govindarajan, Sir is right and my reply at serial no 1 above, stands amended accordingly. I think now the concept is clear to you. - Reply By KASTURI SETHI - The Reply = Notification: 87/98-Cus. (NT) dated 09-Nov-1998 has been amended from time to time as under :- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... q Basic: 35/95-Cus. (NT) dated 26-05-1995 q Amended by 28/99-Cus. (NT) dated 28-04-1999 q Amended by 54/99-Cus. (NT) dated 21-09-1999 q Amended by 66/99-Cus. (NT) dated 25-11-1999 q Amended by 9/2001-Cus. (NT) dated 01-03-2001 q Amended by 11/2001-Cus. (NT) dated 14-03-2001 q Amended by 38/2003-Cus. (N.T.) dated 05-06-2003 q Amended by 68/2004-Cus. (N ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... .T.) dated 17-05-2004 q Amended by 76/2004-Cus. (N.T.) dated 15-06-2004 q Amended by 68/2006-Cus. (N.T.) dated 23-06-2006 q Amended by 9/2007-Cus. (N.T.) dated 07-02-2007 q Amended by 75/2010-Cus. (N.T.) dated 12-08-2010 q Amended by 84/2011-Cus. (N.T.) dated 19-11-2011 q Amended by 62/2015-Cus. (N.T.) dated 17-06-2015 q Amended by 142/2016-Cus. (N.T.) dated 29-1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1-2016 q Amended by 16/2017-Cus. (N.T.) dated 03-03-2017 q Amended by 66/2017-Cus. (N.T.) dated 30-06-2017 q Amended by 68/2018-Cus. (N.T.) dated 03-08-2018 q Amended by 16/2019-Cus. (N.T.) dated 27-02-2019 q Amended by 73/2019-Cus. (N.T.) dated 09-10-2019 q Amended by 86/2021-Cus. (N.T.) dated 27-10-2021 q Amended by 22/2023-Cus. (N.T.) dated 31-03-2023 - Rep ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ly By KASTURI SETHI - The Reply = Courier Imports and Exports (Clearance) Regulations, 1998 Amendment of 2015 [ Notification No. 62/2015-Cus. (N.T.), dated 17-6-2015 ] - Reply By KASTURI SETHI - The Reply = Courier Imports and Exports (Clearance) Regulations, 1998 Amendment of 2018 [ Notification No. 68/2018-Cus. (N.T.), dated 3-8-2018 ] - Reply By KASTURI SETHI - The Reply ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... = Courier Imports and Exports (Clearance) Regulations, 1998 Amendment of 2023 [ Notification No. 22/2023-Cus. (N.T.), dated 31-3-2023 ] - Reply By KASTURI SETHI - The Reply = Checked the status of basic notification. Examined all amendments. Relevant amendments are posted above. Export of goods through courier is still in exclusion clause. Also read carefully above three a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mendments. - Reply By Ganeshan Kalyani - The Reply = Detailed reply by Sri Kasturi Sir. Thanks for clarifying the doubt. - Reply By KASTURI SETHI - The Reply = Sh.Ganeshan Kalyani Ji, I am deeply indebted to you for acknowledging my comprehensive reply. - Eligibility of courier exports for EPCG obligation - Query Started By: - Bharat Garg Dated:- 18-5 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -2023 Customs - Import - Export - Customs - SEZ - Got 13 Replies - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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