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Clarifications on issues pertaining to EPCG Scheme raised in the Port Officers’ Meeting held on 03.12.2010. - DGFT - 12 /(RE-2010) 2009-14

Extract

..... ities. The issues are clarified as under: Sl. No. Issues Clarification 1. What are the criteria adopted for issuance of 'No Objection Certificate' for conversion/disposal off vehicles imported against EPCG authorizations? The vehicles imported against EPCG authorizations issued prior to 31.03.2007 can be allowed for conversion / disposal after issuance of EODC; completion of five years from date of import; and there is no DRI/CBI case against the subject authorization. The vehicles imported agai .....

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Clarifications on issues pertaining to EPCG Scheme raised in the Port Officers’ Meeting held on 03.12.2010. - DGFT

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..... ued in cases in which vehicles were not registered as tourist vehicle up to 31.08.2008 as per Policy Circular No. 7 dated 07.05.2008? EODC can be issued without insisting for registration of such vehicles as tourist vehicles under the provisions of Circular No. 7 dated 07.05.2008, in such cases in which complete documents for fulfillment of export obligation were submitted on or before 30.06.2008 and in which the complete export obligation had been fulfilled but EODC could not be issued due to m .....

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Clarifications on issues pertaining to EPCG Scheme raised in the Port Officers’ Meeting held on 03.12.2010. - DGFT

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..... maintenance of annual average export obligation is required to be maintained licensing year-wise or calendar year-wise? Annual average export obligation is required to be maintained licensing year-wise. 9. Whether pending nexus cases may be disposed of on the basis of Chartered Engineer Certificate? Pending nexus cases may be decided with the help of Chartered Engineer Certificate as approved by EPCG Committee in its Meeting held on 03.11.2010. 2. This issues with the approval of DGFT. Sd/- (Ha .....

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Clarifications on issues pertaining to EPCG Scheme raised in the Port Officers’ Meeting held on 03.12.2010. - DGFT

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