Monitoring of Export obligation under Export Promotion Capital Goods Scheme- check list of Documents to be submitted for cancellation of Bond (LUT) / Bank Guarantee
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Export obligation monitoring: procedure for submitting documents to cancel bond or bank guarantee under EPCG. Cancellation of a Bond (LUT) or Bank Guarantee under the Export Promotion Capital Goods (EPCG) Scheme requires production of the original EODC and a prescribed checklist of documents proving imports and exports and fulfilment of the export obligation. The licencee must submit a request letter, original EPCG licence, duty debit sheets, installation certificate, self attested bills of entry and shipping bills, import/export invoices or bills of lading, import and export statements showing duty saved and FOB amounts, Bank Realization Certificates, and an authorization letter for any representative; the EPCG group will verify and cancel the instrument if obligations are met.
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.
Export obligation monitoring: procedure for submitting documents to cancel bond or bank guarantee under EPCG.
Cancellation of a Bond (LUT) or Bank Guarantee under the Export Promotion Capital Goods (EPCG) Scheme requires production of the original EODC and a prescribed checklist of documents proving imports and exports and fulfilment of the export obligation. The licencee must submit a request letter, original EPCG licence, duty debit sheets, installation certificate, self attested bills of entry and shipping bills, import/export invoices or bills of lading, import and export statements showing duty saved and FOB amounts, Bank Realization Certificates, and an authorization letter for any representative; the EPCG group will verify and cancel the instrument if obligations are met.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.