machinery brought under epcg

[jagnnath acharya]

One of the company has the EOU unit as well as dta unit.  DTA unit brought the machine under epcg licence. However the export obligation not completed, However they want to send the same machine to EOU and complete the export obligation

As per  FTP there is no provision for the same, Any other provision in FTP avaialable to get the permissionn from Developoment commissioner.

[DR.MARIAPPAN GOVINDARAJAN]

Dear Sir,

Have you got clarified in this issue? If not please inform.

AI Summary

EPCG export obligation: transferring machinery to EOU to satisfy pending obligation; FTP permissibility and permission sought. Company with both EOU and DTA units imported machinery into the DTA unit under an EPCG licence and has not completed the export obligation; it seeks to transfer the machinery to the EOU to fulfil the pending obligation and queries whether FTP permits this or whether permission from the Development Commissioner or another provision can be relied upon.