Debonding under EPCG Scheme: standalone units exempt from average export maintenance but incur additional export obligation. For EOU/EPZ units converting to DTA and debonding under the EPCG scheme: standalone units are not required to maintain pre-existing average export levels but must meet an additional export obligation measured on the depreciated value of capital goods as per the EPCG multiple. When one unit of a multi-unit firm debonds, the average export obligation for the remaining units remains unchanged; the debonding unit's exports are excluded when fixing the firm's average, and the debonding unit incurs an additional export obligation on the depreciated value. A bond or LUT/BG must accompany the debonding application as per Handbook (Vol. I).
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Debonding under EPCG Scheme: standalone units exempt from average export maintenance but incur additional export obligation.
For EOU/EPZ units converting to DTA and debonding under the EPCG scheme: standalone units are not required to maintain pre-existing average export levels but must meet an additional export obligation measured on the depreciated value of capital goods as per the EPCG multiple. When one unit of a multi-unit firm debonds, the average export obligation for the remaining units remains unchanged; the debonding unit's exports are excluded when fixing the firm's average, and the debonding unit incurs an additional export obligation on the depreciated value. A bond or LUT/BG must accompany the debonding application as per Handbook (Vol. I).
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