01 June 2013
A company has 3 EPCG Licenses wherein to fulfill the export obligation Rs.22 Crs. The export obligation is 6 times of duty saved and within 6 years we have to fulfill. The Export till 31.03.2013 is zero The policy states that the group company can fulfill the export obligation to the extent of 50 % The company is requesting for CA certificate that the group company will fulfill the obligation . Require help for basis of issuing the certificate and what documentation should be obtained for certification.
CAclubindia
