https://www.taxtmi.com/circulars?id=816 Importers under the EPCG Scheme must execute bonds with bank guarantees and meet prescribed export obligations year wise or block wise; failure to meet periodic minima results in recovery of proportionate duty foregone or, upon continued shortfall, liability for the entire duty foregone. The Commissioner of Customs where the licence is registered is responsible for monitoring compliance, maintaining registers and records, verifying that imported assemblies constitute complete capital goods, and ensuring exporters produce licencing authority certificates evidencing discharge of obligations. en-us Tue, 13 Jun 1995 00:00:00 +0530 Wed, 16 Jul 2025 15:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=816 Importers under the EPCG Scheme must execute bonds with bank guarantees and meet prescribed export obligations year wise or block wise; failure to meet periodic minima results in recovery of proportionate duty foregone or, upon continued shortfall, liability for the entire duty foregone. The Commissioner of Customs where the licence is registered is responsible for monitoring compliance, maintaining registers and records, verifying that imported assemblies constitute complete capital goods, and ensuring exporters produce licencing authority certificates evidencing discharge of obligations. Circulars Customs Tue, 13 Jun 1995 00:00:00 +0530 https://www.taxtmi.com/circulars?id=816