Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Procedure to be followed in case of EPCG scheme

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 2007 Circular Nos. 58/2004 dated 21.10.2004 38/97-Cus. dated 19.09.1997 in case of EPCG scheme. A compilation of the procedure under various Facility Notices and Circulars is given under this Facility Notice. No changes in existing procedures envisaged. 2. Registration of Licence : The EPCG Licence Holder will submit Request Letter / Authority Letter for registration of licence, the licence in original, Bond in prescribed format, bank guarantee as applicable. 3. The Bond shall be submitted in the prescribed format as per Boards Circular No. 58/2004 dated 21.10.2004 and shall cover the duty ordinarily leviable on the goods but for the exemption and also interest @ 15% per annum thereon. 4. Executio .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... i) Permanent Central Excise Registration Certificate duly certified by Jurisdictional Supdt. of Central Excise with Pan Card. (ii) Permanent S.S.I. Registration Certificate issued by District Industries Centre with Pan Card (Mere acknowledgement is not sufficient). (iii) Permanent Registration Certificate issued by Secretariat for Industrial Assistance, New Delhi with Pan Card (Mere acknowledgement is not sufficient). (iv) Any other Registration Certificate as a proof of manufacturer exporter status alongwith previous Export Performance certified by Chartered Accountant / any Export Promotion Council with Pan Card. (d) All other licence holders are required to file BG of 100% of duty save .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... xcise or Asstt. Commissioner of Central Excise, as the case may be, shall be produced confirming installation and use of capital goods in the importers factory or premises, within six months from the date of completion of imports or within such extended period as the Dy. Commissioner of Customs or Asstt. Commissioner of Customs, as the case may be, may allow. If the importer is not registered with central excise or if he is a service provider, as the case may be, he may produce said certificate of installation and usage issued by an independent chartered engineer. 9. Cancellation of Bond / BG : After completion of export obligation, the exporter will apply to the DGFT for issuance of Export Obligation Discharge C .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates