Eligibility of courier exports for EPCG obligation

[Bharat Garg]

Dear members,

Wanted to enquire if we do export of goods outside India physically, through courier mode, can the same be considered towards fulfilment of export obligation under EPCG scheme?

Regards

Bharat

AI Summary

Courier Exports Can't Fulfill EPCG Obligations Under Rule 2(e)(iii) of 1998 Regulations Despite Amendments A participant inquired whether exporting goods from India via courier could fulfill the export obligation under the EPCG scheme. Initial responses suggested that it might be possible if foreign exchange is received. However, further discussion highlighted that courier exports are excluded from fulfilling EPCG obligations according to the Courier Imports and Exports (Clearance) Regulations, 1998, specifically Rule 2(e)(iii). It was clarified that the regulations, amended multiple times, still exclude courier exports from EPCG benefits. The discussion concluded with appreciation for the detailed clarification provided on the regulatory amendments and exclusions.