Our com. is making deemed export aginst EPCG license limit. Now, Our EPCG license limit going to fullfill, then what is the procedure after fullfill of EPCG license limit, and can we deemed export after completion of license limit???? pls write me for the procedure...
EPCG LICENCE LIMIT GOING TO FULLFILL
Jatin Bhavshar
Company Seeks Guidance on EPCG License Fulfillment; Export Obligation Discharge Certificate Required for Continued Exports A company is inquiring about the procedure to follow once their EPCG license limit is fulfilled and whether they can continue deemed exports thereafter. A respondent advises obtaining an Export Obligation Discharge Certificate (EODC) from the Directorate General of Foreign Trade (DGFT) and sending it to their Customs House Agent (CHA) to release the bond and bank guarantee. The respondent confirms that exports can continue after fulfilling the obligation, but the company will no longer be listed as a 'Supporting Manufacturer' in shipping documents. (AI Summary)