Epcg obligation calculation - USD or INR.?

Epcg authorisation (3%) EO is to be fulfilled on USD or INR Values.

Our epcg is 7years old. Amounts mentioned are 1lakh USD and 50lakhs INR. But now USD rose to 72.

We need to do export of 50lakhs INR or 1lakh USD(72lakhs).

We are selling goods to merchant and he is mentioning our number in export documents.

 

Further question, EO will be calculated on amount received in our account or exporters account.

 

FYI, we procured capital goods from India only. We did not do direct import.

 

Replies (3)

following this post.

following this post.

following this post.

Acquire a solid understanding of basic grammar, style, and punctuation.

Grammar, style, and punctuation are incredibly important if you want your research to be understood and taken seriously according to <a href=" https://samedayessay.com/essay_help"> www.samedayessay.com</a>. Before writing an essay,  Grammar basics include verb and subject agreement, proper article and pronoun usage, and well-formed sentence structures. Make sure you know the proper uses for the most common forms of punctuation. Be mindful of your comma usage and know when a period is needed. Finally, in academic essay writing, voice is important. Try to use the active voice instead of the passive whenever possible (e.g., "this study found" instead of "it was found by this study"). 

EPCG EO is calculated in USD.
I'm a DGFT consultant myself. Here's link to my website - www.dgftguru.com

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details