EPCG ANNUAL RETURN

[Rahul Sonawane]

As per FTP we need to submit EPCG Annual return showing the performance against export obligation.

I have submitted the Subject Return at Pune RA for the EPCG Authorizations issued by Pune RA.

How ever we have also obtained EPCG Authorizations from Mumbai RA,  i have prepared the Annual EPCG Return in the same format as submitted to Pune RA.

How ever Mumbai DGFT has not accepted EPCG Return, in this format,  it will be appreciated in any body provides us Annual EPCG Return format in Excel for MumbaI DGFT.

 

Regards,

Rahul Sonawane.

[Guest]

Kindly submit Appendix 10C,Please find below its format

APPENDIX - 10 C

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         STATEMENT OF EXPORT/ REDEMPTION FORM UNDER EPCG SCHEME

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NOTE:  PLEASE SEE PARAGRAPH 6.12 AND 6.13 OF THIS HANDBOOK

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a)	Name & Address of the Licence holder	:
b)	EPCG Licence No. & Date	:
c)	CIF Value	(i)     Issued     : (ii)    Utilised   :
d)	Export Obligation imposed on the EPCG Licence
	i)     Export obligation equal to four/ five/ six times of the CIF value of capital goods.   ii)   Average exports to be maintained	:           :

 

e)	Product to be exported as per the conditions attached to the EPCG licence	:
f)	Date of clearance of the first consignment of capital goods under the EPCG Licence from the customs authorities/Date of receipt of CG from indigenous source	:
g)	Date of completion of export obligation	:
h)	Details of Exports	:
	i)       Year/Block of year from the date of issue of licence:   ii)     Proportion of total Export Obligation fulfilled:	:       :

 

 

 

 

  iii)   Details:

 

S. No.	Product Exported	Shipping Bill No./ Date Date of L/C/ ARO	FOB value of exports		Remarks
			Exports made out of imported capital goods to discharge E.O. imposed on the Licence and export proceeds realised	- Exports through third Party as per S/Bill and export proceeds realised
(1)	(2)	(3)	(4a)	(4b)	(5)

 

 

iv)     We further declare that we have made exports of US$/Rupee________ in the licensing year _________ for maintenance of average (other than that mentioned in iii) above).

 

 

We hereby declare that the above particulars are correct

                                                 

                                             Signature with seal and

                                             Designation of the exporter

 

It is certified that we have verified the books of accounts Books of the above exporter and the particulars given above in respect of export both physical  and  deemed,  are correct.  It is also certified that all the shipping bills verified by me/us as mentioned in iii) above contained in the EPCG Licence No. and date as given at Sl.No.b) above.

 

                                             Signature with seal of the

                                             Chartered Accountant/ Cost

                                             & Works Accountant

                                             Membership No.

 

This is certified that all physical exports as shown in iii) & iv) above are in freely convertible currency and payment of the same has been realised.

 

 

                                      Signature with the seal of the Bank

 

Date:                                                            Bank Code No.

 

Note:

1.

The consolidated statement may be submitted only at the time of seeking redemption of BG/LUT and the statement should be complete in all respects including the information in S.No.(3)column (4) above duly certified by  Chartered Accountant as well as by the Bank.

    

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Documents to be enclosed with the application form:   

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1) Copy of bill of entry showing the date of clearance of the first consignment.

AI Summary

Guidance on EPCG Annual Return Submission: Use Appendix 10C for License Details, Export Obligations, and Performance Verification. A user in a discussion forum sought guidance on submitting the EPCG Annual Return for authorizations obtained from Mumbai RA, as their submission format was rejected. They had successfully submitted a similar format to Pune RA. A respondent advised using Appendix 10C for the EPCG scheme, detailing the required information such as license details, export obligations, and export performance. The response included a structured format for the return, emphasizing the need for verification by a Chartered Accountant and a bank, and outlined the necessary documents to accompany the application.