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CIRCULAR/NOTIFICATION FOR THE EXTENSION OF THE LICENSE VALUE, Customs - Import - Export - Customs - SEZ

Issue Id: - 114288
Dated: 1-11-2018
By:- GVSSR shankar
CIRCULAR/NOTIFICATION FOR THE EXTENSION OF THE LICENSE VALUE

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Dear Sir,

we took the EPCG License for some value, unfortunately because of the fluctuation in the exchange rates the actual value of the shipment got increased and because of that we are unable to clear the shipment from the customs. Now please help / advise us the Circular /Notification for the extension of the value. I guess it can be done from 5% to 10% on the existing License Value.

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1 Dated: 6-11-2018
By:- Gokul Agri

Dear,

You may please to note point no. (2) & (b) of para 5.16 of HBP FTP 2015-20 , wherein mention "Automatic Reduction/Enhancment up 10% of Duty saved amount and pro rata reduction


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