submission of epcg license

[Asked by 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

EPCG licence surrender requires supplier declaration and an application to the regional licensing authority for cancellation.
Obtain a written declaration from the supplier confirming no supply was made under the EPCG licence and apply to the regional RA to surrender the licence with brief facts explaining non utilisation; no prescribed form was identified in the available responses.