https://www.taxtmi.com/circulars?id=4373 Service providers must apply foreign exchange earned during 2007-08 first to satisfy pending EPCG export obligations (including amounts above the average); SFIS is payable only on any additional foreign exchange from that period after meeting all pending EPCG obligations. Regional Authorities must verify pending EOs, audit compliance, report within 45 days, and recover any excess SFIS by surrendering or adjusting duty credit scrips or other means; a re-examination is required at EPCG redemption to prevent dual benefits. en-us Fri, 04 Jul 2008 00:00:00 +0530 Mon, 07 Jul 2008 15:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4373 Service providers must apply foreign exchange earned during 2007-08 first to satisfy pending EPCG export obligations (including amounts above the average); SFIS is payable only on any additional foreign exchange from that period after meeting all pending EPCG obligations. Regional Authorities must verify pending EOs, audit compliance, report within 45 days, and recover any excess SFIS by surrendering or adjusting duty credit scrips or other means; a re-examination is required at EPCG redemption to prevent dual benefits. Circulars DGFT Fri, 04 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4373