https://www.taxtmi.com/circulars?id=3263 Paragraph 6.8B allows applicants to apply for EPCG licences on the basis of self declaration, subject to nexus fixation by the Headquarters EPCG Committee; applicants must undertake to pay Customs duty plus 24% interest if capital goods are disallowed. Public Notice amendments permit extension of export obligation periods where Bank Guarantees exceed the requested period by six months and provide that existing Bank Guarantees covering Customs duty plus 24% interest need not be replaced when proved to the licensing or Customs authorities. en-us Wed, 01 Sep 1999 00:00:00 +0530 Fri, 21 Dec 2007 12:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=3263 Paragraph 6.8B allows applicants to apply for EPCG licences on the basis of self declaration, subject to nexus fixation by the Headquarters EPCG Committee; applicants must undertake to pay Customs duty plus 24% interest if capital goods are disallowed. Public Notice amendments permit extension of export obligation periods where Bank Guarantees exceed the requested period by six months and provide that existing Bank Guarantees covering Customs duty plus 24% interest need not be replaced when proved to the licensing or Customs authorities. Circulars DGFT Wed, 01 Sep 1999 00:00:00 +0530 https://www.taxtmi.com/circulars?id=3263