https://www.taxtmi.com/circulars?id=3510 IEC holders must furnish online annual import/export details for the preceding licensing year by 30 June; non filing renders the IEC inoperative from 1 July, with reactivation upon payment of a fee. Service providers (excluding hotels/tourism) receive duty free imports equal to 10% of average foreign exchange earned in the preceding three licensing years, hotels/tourism providers 5%. Advance licence BG requirements are tiered with 25% BG up to 200% entitlement and 100% BG beyond; merchant exporters (other than status holders and PSUs) require 100% BG. EPCG non fulfilment attracts duties plus interest. en-us Wed, 14 May 2003 00:00:00 +0530 Sat, 29 Dec 2007 12:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=3510 IEC holders must furnish online annual import/export details for the preceding licensing year by 30 June; non filing renders the IEC inoperative from 1 July, with reactivation upon payment of a fee. Service providers (excluding hotels/tourism) receive duty free imports equal to 10% of average foreign exchange earned in the preceding three licensing years, hotels/tourism providers 5%. Advance licence BG requirements are tiered with 25% BG up to 200% entitlement and 100% BG beyond; merchant exporters (other than status holders and PSUs) require 100% BG. EPCG non fulfilment attracts duties plus interest. Circulars DGFT Wed, 14 May 2003 00:00:00 +0530 https://www.taxtmi.com/circulars?id=3510