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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Amendment to Para 5.10(c) of Hand Book 2015-20 for EPCG Scheme is Prospective from December 5, 2017.</h1> The circular addresses the applicability of an amendment to Para 5.10(c) of the Hand Book of Procedures 2015-20 concerning the Export Promotion Capital Goods (EPCG) Scheme. Following a High Court ruling and a Supreme Court dismissal, the amendment is confirmed to be prospective, affecting third-party exports under EPCG Authorisations issued from December 5, 2017, onwards. The amendment specifies that export documents must include details of both the authorisation holder and the supporting manufacturer. Export proceeds must be transferred from the third-party exporter to the authorisation holder's account to count towards fulfilling export obligations.