EPCG scheme duty exemption: imports by designated common service providers conditional on fulfilment of apportioned export obligations. The notification exempts goods imported under the EPCG Scheme by designated Common Service Providers from customs duty in excess of three percent ad-valorem and from specified additional duty when claimed, subject to conditions including production of a valid DGFT authorization, allocation of export obligations among CSP and users, bonds and bank guarantees equivalent to duty foregone, installation and usage certification, restrictions on transfer until EO completion, block-wise fulfilment of EO within prescribed periods, and prescribed ports/ICDs/SEZs for import/export.
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Provisions expressly mentioned in the judgment/order text.
EPCG scheme duty exemption: imports by designated common service providers conditional on fulfilment of apportioned export obligations.
The notification exempts goods imported under the EPCG Scheme by designated Common Service Providers from customs duty in excess of three percent ad-valorem and from specified additional duty when claimed, subject to conditions including production of a valid DGFT authorization, allocation of export obligations among CSP and users, bonds and bank guarantees equivalent to duty foregone, installation and usage certification, restrictions on transfer until EO completion, block-wise fulfilment of EO within prescribed periods, and prescribed ports/ICDs/SEZs for import/export.
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