My Friend CA needs to authorize EPCG & it's procedures but in shipping bill filed by CHA for Exports we find only EPCG Licence number but not date & as per norms, please help us to solve this issue
Where can we find the date ?
Which date has to be mentioned in S/B for EPCG exports for fulfilling EO ?
As per rules it is mentioned...
'In case where shipping bill do not contain the EPCG authorization & date an affidavit from the authorization holder has been obtained that the export account for the fulfillment of specific EO against this EPCG authorization shall not be taken into consideration'
Please enlighten on this issue
EPCG License Date Missing on Shipping Bills: Issue Considered Clerical, Often Waived by DGFT/EPCG Committee A participant raised an issue regarding the absence of the EPCG license date on shipping bills filed by a Customs House Agent (CHA) for exports, which only included the license number. The concern was whether this omission would affect compliance with export obligations (EO). Respondents advised that the date of the EPCG license is the date of issuance and that such discrepancies are typically overlooked or can be waived by the DGFT/EPCG Committee. It was noted that the issue appears clerical, and the presence of a CA certificate usually prevents further scrutiny by authorities. (AI Summary)