Foreign trade policy

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

22 October 2012 we are availing Benefit of drawback for physical export , simulatiousley we use the same export for discharging export obligation under EPCG .
Recentely our product is covered for Focus product benefit under chapter 3.
Is it possible to claim both EPCG and Focus product benefit along with drawback ?

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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22 October 2012 Refer to para 5.5(e) of foreign trade policy 2009-2014

"shipments under advance authorization DFRC, DFIA,OR DRAWBACK SCHEME , or incentives schemes under chapter-3 of a foreign trade policy , WOULD ALSO COUNT FOR FULFILLMENT OF EPCG EXPORT OBLIGATION"

Querist : Anonymous

Querist : Anonymous (Querist)

22 October 2012 query is simultanious availment of drawback and FPB and EPCG is it poossible?

As or is used in para 5.5 e of FTP hence clarifiaction needed .

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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22 October 2012 in the light of current foreign trade policy admissible.

regards,

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