EPCG-DGFT matter

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..... Dear Expert, We issued one EPCG licence on April 2016. Average EO for last three year is calculated as 165 Cr., Specific EO is 30 Lac.Machinery importer and installed, installation certificate submit .....

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..... ted to Jt.DGFT office , there after we fulfilled the Specific EO in this month, Average EO full filled till date is 103 Cr. Being the average EO will be completed till March 2017, Should we apply for .....

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..... its redemption to Jt.DGFt or wait till march and apply for redemption after fulfillment of average EO. Please suggest. - Reply By MUKUND THAKKAR - The Reply = once your obligation is completed yo .....

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..... u can submitt for redemption to Jt.DGFT, without waiting till march.. - Reply By Ganeshan Kalyani - The Reply = To my knowledge both specific and average obligations to have completed for redemptio .....

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..... n . - Reply By Narendra Soni - The Reply = Being the average EO is annual base, hence it can not be achieved in 4-6 months, it can only be achieved near about March, then should we hold the EPCG fo .....

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..... r redemption till March end ? - Reply By YAGAY AND SUN - The Reply = You may discuss it with your jurisdictional JDGFT in this regard as stated above both the EO are mandatory. - EPCG-DGFT matter - .....

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..... Query Started By: - Narendra Soni Dated:- 26-10-2016 Other Topics - Got 4 Replies - Indian Laws - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management Ind .....

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..... ia - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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