Tax Management India. Com
Law and Practice : Digital eBook
Research is most exciting & rewarding

Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes

TMI - e-Newsletter TaxTMI Rectification u/s 154 - The Assessee argued that... TaxTMI Seeking rectification in Form GSTR-1 - limitation... TaxTMI Penalty for Non-filing of monthly return - Seeking... TaxTMI Detention of the goods and vehicle - stock transfer... TaxTMI Refund of EDD - Period of limitation - Appellant... TaxTMI Additions on the basis of material seized during... TaxTMI Penalty u/s 270A - allegation of misreporting as... TaxTMI Estimation of income - bogus purchases - The... TaxTMI Rejection of application for registration u/s... TaxTMI Condonation of delay - substantial delay of 166... TaxTMI Unexplained cash credit u/s 68 - The Court... TaxTMI Validity of Reassessment notices issued unsigned -... TaxTMI Demand of late fee u/s 47(1) of the CGST / SGST Act... TaxTMI Validity Of Order passed u/s 73 - Denial of ITC... TaxTMI Validity Of Order passed u/s 73 - cryptic order -... TaxTMI Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

Home

Discussions Forum

Home

Forum

Customs - Exim - SEZ

This

A Public Forum.
Anyone can participate to share knowledge.

We acknowledge the contributions of Experts/ Authors.

Submit new Issue / Query

← Previous Next →

Eligibility of courier exports for EPCG obligation, Customs - Exim - SEZ

Issue Id: - 118537
Dated: 18-5-2023
By:- Bharat Garg

Eligibility of courier exports for EPCG obligation

Contents

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

Post Reply

Posts / Replies

Showing Replies 1 to 13 of 13 Records

Page: 1

1 Dated: 19-5-2023
By:- KASTURI SETHI

Yes, if foreign exchange is received.

2 Dated: 19-5-2023
By:- Bharat Garg

But the courier export regulations state that courier exports cannot be done for shipments meant for EPCG, drawback etc. Hence, won't the authority deny benefit on that ground.

3 Dated: 19-5-2023
By:- DR.MARIAPPAN GOVINDARAJAN

Yes, in my view there is the possibility of denying the benefit.

4 Dated: 19-5-2023
By:- KASTURI SETHI

Dear Bharat Garg,

Pl. go through the following Rules. Rule 2(e)(iii) excludes export of goods under EPCG Scheme

COURIER IMPORTS AND EXPORTS (CLEARANCE) REGULATIONS, 1998

M.F. (D.R.) Notification No. 87/98-Cus. (N.T.), dated 9-11-1998 as amended.

5 Dated: 19-5-2023
By:- Bharat Garg

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

Bharat

6 Dated: 19-5-2023
By:- KASTURI SETHI

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.

7 Dated: 19-5-2023
By:- KASTURI SETHI

Notification: 87/98-Cus. (NT) dated 09-Nov-1998 has been amended from time to time as under :-

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