EPCG Export Obligation

[harkirat singh]

Dear Sir,

Please advice if a Manufacturer exporter has imported machinery under EPCG scheme can he file export obligation through another exporter. but EPCG holder has not produced any thing in that period. still EPCG holder can file export obligation through another exporter.

kindly suggest the way out.

regards

Harkirat Singh

Email : harkirat957@gmail.com

[Mahir S]

Sir,

Please refer para 5.3 of Foreign Trade Policy (2009-14).

AI Summary

EPCG export obligation: can the obligation be discharged through a third-party exporter; matter referred to trade policy guidance.
Whether an EPCG holder may discharge an EPCG export obligation through exports by another exporter when the EPCG holder has not produced goods; respondent directs to Foreign Trade Policy guidance as the governing authority for conditions and eligibility governing transfer, nomination or discharge of such obligations.