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Closure Of EPCG authorizations in case of supplies to SEZ units which have been made prior to 01.4.2015 and where exports proceeds have not been realized through Foreign Currency Account (FCA) of the SEZ unit

DGFT - 10/2016 - Dated:- 20-7-2016 - Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi Dated 20th July, 2016 Trade Notice No 10/2016 To All RA's Members of Tr .....

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cy except for deemed exports. Exports to SEZ units/Supplies to developers / Co-developers, irrespective of currency of realization would also be counted for discharge of Export obligation" 2. The matter has been examined. it is reiterated that, .....

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igation. Moreover Rule 30 (8) of SEZ Rules, 2006 do not stipulate that it is mandatory for SEZ units to make payment to EPCG authorisation holders from Foreign Currency Account (FCA) of the unit. 3. It has been decided, in consultation with SEZ Divis .....

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