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of <h1>Manufacturer Exporters Must Execute 15% Bank Guarantee Under EPCG Scheme; Feedback on Implementation Invited.</h1> The circular from the Office of the Commissioner of Customs (Export) at Jawaharlal Nehru Custom House outlines the requirement for Manufacturer Exporters under the EPCG scheme to execute a Bank Guarantee (BG) at 15% of the duty saved amount. This follows the CBEC Circular No. 30/2005-Cus., which reduced the BG requirement from 25% to 15%. To qualify, exporters must submit specific documentation, such as a Permanent Central Excise Registration Certificate or other valid registration certificates, along with a PAN card. The notice invites feedback on any implementation difficulties.
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