banner_ad

Factory stuffing permission

This query is : Resolved 

31 October 2016 We are set up a Paper Carry bag unit. We are imported the Machinery from China under Zero Duty EPCG Scheme and Machinery under Advance Licence scheme. And we had some export obligations relating to this.
Now we are going to export some products.
The Central Excise said that we need to apply for FSP. What is FSP and what are the procedure.
Is there any other legal points to note for Claim Export Obligation under EPCG scheme and Advance Licence scheme


Any one please reply with the procedure.

Please reply

02 November 2016 Gentleman, Kindly note the following.

1. Permission for factory stuffing of Export goods will be granted by Jurisdictional Central Excise Authority.
2. Advance Authorization is subject to actual user condition even after fulfillment of export obligation.
3. Resultant products ( export product) specified in the Authorization must be exported during initial or extended period of export obligation.
4. EPCG Authorization holder shall produce certificate from independent chartered engineer or jurisdictional central excise authority about installation of imported capital goods within 6 months from the date of import to Jurisdictional regional authority of DGFT as per provisions of paragraph 5.04 of Hand Book of Procedures of FTP 2015-20.
5. Export obligation including average export obligation if any, imposed under EPCG must be discharged strictly.
6. Conditions specified for discharge of export obligation laid down in para 5.10 of current Hand Book of Procedures must be followed.
7. Incentive for early fulfillment of export obligation as specified in paragraph 5.09 of current FTP may be noted.
8. Export obligation under EPCG must be fulfilled block wise as indicated at para 5.14 of Hand Book of Procedures of FTP 2015-20.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details