CS PURSUING
43853 Points
Joined December 2009
HI,
AS PER CURRENT FOREIGN TRADE POLICY 2010-2011, EPCG LICENCE CAN BE ISSUED BY THE OFFICE OF DGFT, IN TERMS OF PARA 5.1 AND 5.2 OF THE FOREIGN TRADE POLICY ISSUED WEF 23.08.2010 , BY THE MINISTRY OF COMMERCE OF INDIA,
AS PER HANDBOOK OF PROCEDURE PARA 5.17 OF 2010-2011
IN CASE OF FAILURE TO EXPORT OBLIGATION OR ANY OTHER CONDITION OF AUTHORIZATION , AUTHORIZATION HOLDER SHALL BE LIABLE FOR ACTION UNDER FOREIGN TRADE (D&R) ACT, 1992, ORDERS AND RULES MADE THEREUNDER , PROVISION ON FOREIGN TRADE POLICY AND CUSTOM ACT, 1962.
FOR MORE INFORMATION CAN BE SEEN PARA 5.5OF FTP. AND PARA 5.7 TO 5.9 OF HANDBOOK OF PROCEDURE 2010-11.
FOR MORE INFO GO TO:-
https://dgftcom.nic.in/