EPCG Scheme: - CBEC's Customs Manual 2023 - Customs

..... located in North Eastern States, Sikkim and Jammu and Kashmir. The EO for spares for imported/domestically sourced capital goods is same as that for capital goods. (b) The import of capital goods has to be made within 18 months from the date of issue of the Authorisation. (c) EO is to be fulfilled in two blocks i.e. 4 years and 2 years wherein 50% EO is to be fulfilled in the respective blocks. The RA can grant extension of block-wise period or overall period of fulfilment subject to specified .....

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EPCG Scheme - CBEC s Customs Manual 2023 - Customs

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..... fit of exemptions from Bank Guarantee in terms of the Circular No. 58/2004-Cus dated 21-10-2004 as amended last by Circular No. 15/2014-Customs dated 18.12.2014. The CG imported are subject to actual user condition and the goods imported cannot be transferred or sold, etc. till the fulfilment of EO. (f) Third party exports are permitted with respect to exported goods manufactured by the authorisation holder and conditions have been specified to ensure this aspect. (Refer para 5.04 of FTP 2015-20 .....

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EPCG Scheme - CBEC s Customs Manual 2023 - Customs

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..... of redemption of bond/Bank Guarantee, subject to prescribed checks including intelligence based checks. (i) The export obligation is lower by 25% when capital goods are sourced indigenously. This is implemented by RA. (j) The EPCG authorisation for annual requirement, the provisions for technological upgradation and for transfer of EPCG capital goods to group companies in certain cases/sectors are discontinued in FTP 2015-20. [Refer Notification No.16/2015- Customs, dated 1-4-2015] 5.2 After in .....

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EPCG Scheme - CBEC s Customs Manual 2023 - Customs

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