Third party export under zero duty epcg license

Deputy Manager Customer Service

An exporter is using a third party Zero Duty EPCG license which has the HSC code 48239018, paper products, paper boards & packing material belonging to a third party while he is exporting under HS code 210399 Indian assorted Foodstuffs - can he claim benefit and can the shipping bill be filed with diffrent HS codes ??

CA - Final

If he is mentioning the IEC of the supplier to whom he is a third party exporter in his shipping bills, then the supplier can claim benefit of epcg license obligation. But its better to get the epcg license amended to include the actual HS code being used in the shipping bill. Otherwise the export obligation will be denied to be considered as complete
Company Secreatary

No he can not claim

Chartered Accountant

No, cannot claim in view of fact that only exports made towards HSN specified in EPCG license shall be counted towards EO under EPCG scheme.



Your are not logged in . Please login to post replies

Click here to Login / Register