submission of epcg license

[Guest]

hello

sir we have taken EPCG LICENSE for purchase of capital goods , due to some reason deal was cancelled

any the license is not used can any body tell me procedure to surrender  this license to DGFT

& what are the other formalties

[kamal chordia]

You must obtained declaration / Certificate from supplier that they had not made nay supply under the EPCG Licence No. ..... Dt.... and apply to your regional RA for surrender the EPCG Licence giving the breif facts for non utilisation of the licence.

 

[Abhishek Dutta]

Kamal sir, how should I apply to the RA is there any form prescribed under any regulation?? kindly clarify

AI Summary

Guidance on surrendering unused EPCG license: Obtain supplier declaration, apply to RA with explanation for non-utilization. An individual inquired about the procedure to surrender an unused EPCG license after a deal for purchasing capital goods was canceled. A respondent advised obtaining a declaration or certificate from the supplier confirming no supply was made under the license and then applying to the regional authority (RA) with a brief explanation for non-utilization. Another participant sought clarification on whether there is a prescribed form for applying to the RA.