REDEMPTION/INVALIDATION OF EPCG LIC

[Asked by Guest]

I have purchsed machines from EOU (indigenous sourcing of capital goods)

I have just start export through third party and direct

so kindly let me know the process and procedure for fulfilment of export obligation 

what the requirement of the same??

thanks 

sonu parsad

AI Summary

EPCG licence compliance requires all exports under the licence until average export and export obligations are fulfilled, then file AFF-5B.
After installation of capital goods, all exports must be made under the EPCG Licence with the licence number on every shipping bill until the combined average export requirement and export obligation are fulfilled; thereafter file AFF-5B with the installation certificate, shipping bills and BRCs to complete licence compliance.