Export obligation for claiming epcg scheme..urgent sir!!
This query is : Resolved
26 August 2012
Respected Experts,
A company has imported capital goods under the EPCG scheme some years ago.
They have also exported their goods, but did not quoted the licence in the invoice. Now one of my friend says that the authorities will not allow to claim that the export obligation has been met. IS it true?
With regards,
Rajesh.
A company has imported capital goods under the EPCG scheme some years ago.
They have also exported their goods, but did not quoted the licence in the invoice. Now one of my friend says that the authorities will not allow to claim that the export obligation has been met. IS it true?
With regards,
Rajesh.
27 August 2012
if you could not mentioned the EPCG licence No. & date on invoice do not confuse.
Noted that if your CHA could not DESCRIBE on EPCG LICENCE on shipping bill this is worry but not then will be compliance of the said link:
https://www.caclubindia.com/forum/circular-no-07-2002-dtd-11-07-2002-epcg-licence-for-not-men-99592.asp#.UDs3UKA-1tg
Noted that if your CHA could not DESCRIBE on EPCG LICENCE on shipping bill this is worry but not then will be compliance of the said link:
https://www.caclubindia.com/forum/circular-no-07-2002-dtd-11-07-2002-epcg-licence-for-not-men-99592.asp#.UDs3UKA-1tg
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