EO agst EPCG & Advance License
Query (Issue) Started By: – deepak kalambate Dated:- 30-6-2012 Last Reply Date:- 3-7-2012 Customs – Exim – SEZ
Got 5 Replies
Customs
Dear Sir,
Pl. let me know whether export made against EPCG license can be counted towards fulfilment of export obligation for Advance License simultaneously.
Reply By Pradeep Khatri:
The Reply:
Yes, it it allowed.
To encourage value added manufacture export, a minimum 15% value addition on imported inputs under Advance Authorisation Scheme has been stipulated.Shipments under Advance Authorization, DFRC, DFIA,or Drawback scheme, or incentive schemes under Chapter 3 of FTP; would also count for fulfillment of EPCG export obligation.
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