Query on EPCG
This query is : Resolved
Amit Gupta
(Querist)
09 February 2011
Hi
What will be THE procedure after the comapny had acquired EPCG licence .The company is rice exporter. what will be liablity of company after obtaining epcg licence . ON dgft.gov.in site is showing that the licence are not register so far. what does that mean and wat are the consequences of the same
.Please update me. Regards
What will be THE procedure after the comapny had acquired EPCG licence .The company is rice exporter. what will be liablity of company after obtaining epcg licence . ON dgft.gov.in site is showing that the licence are not register so far. what does that mean and wat are the consequences of the same
.Please update me. Regards
Amit Gupta
(Querist)
09 February 2011
p.s.-licence is issued under scheme code 11
RAMESH KUMAR VERMA
(Expert)
09 February 2011
AFTER ISSUE THIS LICENCE, CHA REGISTRATION DO AND AFTER REGISTRATION U CAN ELIGIBLE FOR IMPORT - EXPORT.
AS PER FTP 2010-11 CHAPTER -5 PARAGRAPH 5.5 ASK REGARDING THE EXPORT OBLIGATION FULFILLMENT RENDERED BY APPLICANT.
FOR MORE INFO :- READ CURRENT FOREIGN TRADE POLICY PARA 5.5(1) TO 5.9
IF U REQUEST I WILL PROVIDE U IN PDF FILE.
REGARDS,
AS PER FTP 2010-11 CHAPTER -5 PARAGRAPH 5.5 ASK REGARDING THE EXPORT OBLIGATION FULFILLMENT RENDERED BY APPLICANT.
FOR MORE INFO :- READ CURRENT FOREIGN TRADE POLICY PARA 5.5(1) TO 5.9
IF U REQUEST I WILL PROVIDE U IN PDF FILE.
REGARDS,
Amit Gupta
(Querist)
11 February 2011
Sir
As per the website information , there are some licences which are not yet registered with them..What is the time limit for registering the licence with govt.and what are the consequences of non compliance?
Regards
Amit
As per the website information , there are some licences which are not yet registered with them..What is the time limit for registering the licence with govt.and what are the consequences of non compliance?
Regards
Amit
RAMESH KUMAR VERMA
(Expert)
12 February 2011
IT SEEMS THAT YOU HAVE NOT REGISTERED THE LICENCE SO FAR?
WITHIN 24 MONTH THE EXPORTER REGISTERED THE LICENCE OTHERWISE DGFT IMPOSE PENALTY UPON YOU.
FOR MORE INFO :-
READ THE FOREIGN TRADE (DEVELOPMENT AND REGULATION) ACT, 1992
WITHIN 24 MONTH THE EXPORTER REGISTERED THE LICENCE OTHERWISE DGFT IMPOSE PENALTY UPON YOU.
FOR MORE INFO :-
READ THE FOREIGN TRADE (DEVELOPMENT AND REGULATION) ACT, 1992
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