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Customs - Highlights / Catch Notes

Home Highlights December 2023 Year 2023 This

Confiscation of goods - capital goods imported as per EPCG ...

Customs

December 1, 2023

Confiscation of goods - capital goods imported as per EPCG licenses - non-fulfilment of Export obligation - When there is no specific mention of such event in the decision of EPCG Committee, the extension has to be construed as intended in the decision itself, which is nothing but extension of time by two years to fulfil their export obligation. - - AT

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