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Redemption of EPCG Licence

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I have FIRC in place of BRC can we submit the License for Redemption of EPCG Licence.

EPCG licence redemption requires conversion of FIRC into BRC before submission to the concerned authority and EODC compliance. Redemption of an EPCG licence requires a BRC; FIRC is not accepted. Convert the FIRC into a BRC through the authorised dealer and submit the BRC for licence redemption and EODC processing. FIRC is not treated as an authenticated document for redemption under the regulatory export compliance framework. (AI Summary)
Customs - Exim - SEZ
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YAGAY andSUN on Mar 2, 2015

Dear Suran,

Get FIRC converted in BRC through your Authorized Dealer and Submit it to DGFT for redemption of EPCG licence and for EODC.

Regards

YAGAY and SUN

(Management, Business and Indirect Tax Consultants)

MUKUND THAKKAR on Mar 4, 2015

FIRC is not authenticate documents as per DGFT, you follow the advise given by Pradeep sir

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