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Export Obligation under EPCG License

Customs - Started By: - Raja krishnan - Dated:- 21-12-2015 Last Replied Date:- 26-12-2015 - Dear Experts,One manufacturing unit import of paper cutting machine under EPCG procedure. Now they will be decide to complete their export obligation from their sister concern of drilling machinery manufacturing & export unit. my doubt is whether it is correct one. Please given your reply along with related notification, circular and public notice if any. - Reply By Ganeshan Kalyani - The Reply = If y .....

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all your immediate action in this regard. but my doubt is based on the commodity, because both are different commodities. Import machinery is Paper cutting but the export obligation competed by drilling machinery export. whether it is correct one. - Reply By MUKUND THAKKAR - The Reply = You can export any product to meet your obligation thru your group of company or sister concern up to 50% only. it is understable that your group of company manufacturing the diff product. so donot worry first c .....

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The Reply = Please check para 5.04 of FTP 2015-2020 and para 5.10 of HBP Vol.1 in this regard. - Reply By MUKUND THAKKAR - The Reply = if old EPCG refer FTP-2009-2014 para 5.5(1) - Reply By Ganeshan Kalyani - The Reply = I have perused the given reference but could not locate the 50% conditions mentioned in FTP. It would be beneficial to me to enrich my knowledge if could reproduce the relevant para in the reply itself. Thanks. - Reply By MUKUND THAKKAR - The Reply = Export obligation 5.5 Follo .....

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