Dear experts,
we intend to obtain EPCG license for import machinery.
export obligation calculated on export made from new machinery imported against EPCG or can be calculated on goods manufactured from other machinery (which is not imported in EPCG license).
Zulfikar B. Vohra
Can export obligations under EPCG be met using goods from non-EPCG machinery if they produce identical products? An individual inquired about fulfilling export obligations under the EPCG scheme, questioning whether exports could be calculated on goods manufactured from machinery not imported under the EPCG license. One expert clarified that obligations must be fulfilled using goods manufactured by machinery imported duty-free under EPCG. Another expert noted that if both the EPCG-imported machinery and other machinery produce identical products, fulfilling obligations with the latter is possible, provided there is a nexus between the machinery and the products. (AI Summary)
TaxTMI 
TaxTMI 
