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Bank Guarantee Percentage for EPCG

Customs - Started By: - kunal umarani - Dated:- 18-9-2016 Last Replied Date:- 28-10-2016 - Sir , What would be the bank guarantee percentage customs may impose for EPCG if importer in new but registered with excise as well as having permanent excise .....

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is the final deciding authority Customs or DGFT and what are the relevant judgments or circular or public notice for the same Customs now started arguing that if such endorsement is there we will take 100 % BG Pl refer pune DGFT Trade Notice No. 15/ .....

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n is fulfilled.But,Many bank provide 100% BG by capping only 15% of your amount. For example, If customs asks for 100000 BG then many bank provide that with only 15,000 actual blocked capital by Bank. It is totally depend on bank & your relations .....

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