https://www.taxtmi.com/circulars?id=4374 Clarifies that Para 5.4(v) FTP RE2007 - barring foreign exchange counted for EPCG EO from receiving Chapter 3 incentives - applies only to exports made during 1.4.2007-31.3.2008; exporters must declare EPCG Authorisation/File No on Shipping Bills so shipments used for EPCG EO are excluded from Chapter 3 benefits. RAs must verify Shipping Bills, run a special 45 day compliance drive, report to headquarters, and recover any excess benefits through surrender/reduction of duty credit scrip, TR challan deposit, or adjustment against pending scrips. At EPCG redemption, RAs must recheck that duty credit scrip was not granted for the same foreign exchange used to discharge EPCG EO. en-us Fri, 04 Jul 2008 00:00:00 +0530 Mon, 07 Jul 2008 15:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4374 Clarifies that Para 5.4(v) FTP RE2007 - barring foreign exchange counted for EPCG EO from receiving Chapter 3 incentives - applies only to exports made during 1.4.2007-31.3.2008; exporters must declare EPCG Authorisation/File No on Shipping Bills so shipments used for EPCG EO are excluded from Chapter 3 benefits. RAs must verify Shipping Bills, run a special 45 day compliance drive, report to headquarters, and recover any excess benefits through surrender/reduction of duty credit scrip, TR challan deposit, or adjustment against pending scrips. At EPCG redemption, RAs must recheck that duty credit scrip was not granted for the same foreign exchange used to discharge EPCG EO. Circulars DGFT Fri, 04 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4374