Export incentive eligibility revised: status holder, agri-infrastructure and EPCG conditions updated with stricter compliance and transfer rules. FTP 2009-14 introduces new incentives-Status Holder Incentive Scrip, Agri-Infrastructure Incentive Scrip and sector-specific Zero Duty EPCG-and amends operational rules for existing schemes to align customs notifications with the Policy and Handbook. Key changes require bonds and post-clearance certification for imports after export-obligation discharge, allow alternative customs duty payment eligible for CENVAT credit, permit job work and project-site movement under conditions, shorten and extend specific timeframes for re-export and discharge evidence, and adjust EPCG obligations and eligibility. Notifications operationalize these changes and trade guidance is mandated.
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Export incentive eligibility revised: status holder, agri-infrastructure and EPCG conditions updated with stricter compliance and transfer rules.
FTP 2009-14 introduces new incentives-Status Holder Incentive Scrip, Agri-Infrastructure Incentive Scrip and sector-specific Zero Duty EPCG-and amends operational rules for existing schemes to align customs notifications with the Policy and Handbook. Key changes require bonds and post-clearance certification for imports after export-obligation discharge, allow alternative customs duty payment eligible for CENVAT credit, permit job work and project-site movement under conditions, shorten and extend specific timeframes for re-export and discharge evidence, and adjust EPCG obligations and eligibility. Notifications operationalize these changes and trade guidance is mandated.
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