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Debonding under EPCG scheme: export-obligation and bonding rules apply; additional obligation based on depreciated value may be imposed. Debonding under the EPCG scheme requires the debonding unit to submit a BG/LUT with the licensing authority when applying. For firms with multiple units, the average export obligation for remaining units remains unchanged, while the debonding unit's obligation is fixed by excluding its exports from the firm's total concurrent exports; an additional export obligation calculated as a multiple of the depreciated value may be imposed depending on the scheme. Standalone EOU/EPZ units that debond are not subject to average-maintenance obligations but are subject to the additional depreciated-value based obligation.
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Provisions expressly mentioned in the judgment/order text.
Debonding under EPCG scheme: export-obligation and bonding rules apply; additional obligation based on depreciated value may be imposed.
Debonding under the EPCG scheme requires the debonding unit to submit a BG/LUT with the licensing authority when applying. For firms with multiple units, the average export obligation for remaining units remains unchanged, while the debonding unit's obligation is fixed by excluding its exports from the firm's total concurrent exports; an additional export obligation calculated as a multiple of the depreciated value may be imposed depending on the scheme. Standalone EOU/EPZ units that debond are not subject to average-maintenance obligations but are subject to the additional depreciated-value based obligation.
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