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    <title>Monitoring of Export Obligation under EPCG Scheme – regarding</title>
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    <description>Customs must accept EO Discharge Certificates issued by DGFT for EPCG bond/BG redemption unless specific valuation or EO doubts arise; in such cases the jurisdictional Commissioner shall refer the issue to the Board for coordination with DGFT rather than taking unilateral adjudicative action, because CIF valuation and the quantum of export obligation are linked and require simultaneous adjustment. Commissioners must follow DOR Circular No.24/2002 and issue standing orders and public notices to field formations and trade.</description>
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      <description>Customs must accept EO Discharge Certificates issued by DGFT for EPCG bond/BG redemption unless specific valuation or EO doubts arise; in such cases the jurisdictional Commissioner shall refer the issue to the Board for coordination with DGFT rather than taking unilateral adjudicative action, because CIF valuation and the quantum of export obligation are linked and require simultaneous adjustment. Commissioners must follow DOR Circular No.24/2002 and issue standing orders and public notices to field formations and trade.</description>
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      <pubDate>Mon, 26 Jul 2004 00:00:00 +0530</pubDate>
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