EPCG bond cancellation procedure: release of bond and bank guarantee conditioned on original document submission after lockdown
EPCG licence holders must email specified documents to
[email protected] for verification and submit originals within thirty days after end of lockdown; listed documents include EODC/Redemption Letter, ANF 5B certified by a Chartered Accountant, Installation Certificate, EPCG licence, shipping bills or ARE-1, Bank Realization Certificate, third-party export documents as per FTP, and other DGFT submissions. Bond and Bank Guarantee will be released only after receipt of originals (original EPCG licence, EODC issued by DGFT, and Installation Certificate) within the post-lockdown period.