Discharge of export obligation: licensing certificate plus endorsed DEEC Part II suffices for bond waiver under EPCG. Production of a certificate from the Licensing Authority together with DEEC Part II duly endorsed by the proper officer of Customs at the port of export is sufficient evidence to consider discharge or waiver of the export obligation bond; DEEC/Export Promotion copies of Shipping Bills should no longer be insisted upon.
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.
Discharge of export obligation: licensing certificate plus endorsed DEEC Part II suffices for bond waiver under EPCG.
Production of a certificate from the Licensing Authority together with DEEC Part II duly endorsed by the proper officer of Customs at the port of export is sufficient evidence to consider discharge or waiver of the export obligation bond; DEEC/Export Promotion copies of Shipping Bills should no longer be insisted upon.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.