EPCG annual authorizations expanded, requiring engineer nexus certification and clarifying interaction with status holder incentives. The circular implements the FTP Annual Supplement by operationalising an Annual EPCG Authorization allowing Status Certificate holders and qualifying exporters to obtain authorizations for annual requirements under zero duty and 3% duty variants, requiring Nexus Certificates from independent Chartered Engineers at customs clearance. It extends and expands Zero Duty EPCG and SHIS to additional sectors, clarifies that SHIS scrips are not issued in years of Zero Duty EPCG authorization, permits certain professional vehicles under SFIS while excluding personal vehicles, allows AIIS transfers to units in recognised parks for cold chain imports (not park developers), exempts annual Advance Authorization imports from anti dumping and safeguard duties, and records various duty and tariff adjustments and port notifications.
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Provisions expressly mentioned in the judgment/order text.
EPCG annual authorizations expanded, requiring engineer nexus certification and clarifying interaction with status holder incentives.
The circular implements the FTP Annual Supplement by operationalising an Annual EPCG Authorization allowing Status Certificate holders and qualifying exporters to obtain authorizations for annual requirements under zero duty and 3% duty variants, requiring Nexus Certificates from independent Chartered Engineers at customs clearance. It extends and expands Zero Duty EPCG and SHIS to additional sectors, clarifies that SHIS scrips are not issued in years of Zero Duty EPCG authorization, permits certain professional vehicles under SFIS while excluding personal vehicles, allows AIIS transfers to units in recognised parks for cold chain imports (not park developers), exempts annual Advance Authorization imports from anti dumping and safeguard duties, and records various duty and tariff adjustments and port notifications.
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