https://www.taxtmi.com/forum/issue?id=285 There is no requirement that consideration for a high-sea sale under the EPCG scheme be paid in foreign exchange; the intermediary may invoice and receive payment in Indian rupees and the rupee invoice plus any margin will form the assessable value for import duty when the EPCG licence holder imports the capital goods. en-us Thu, 23 Nov 2006 15:56:52 +0530 Thu, 23 Jan 2025 15:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=285 There is no requirement that consideration for a high-sea sale under the EPCG scheme be paid in foreign exchange; the intermediary may invoice and receive payment in Indian rupees and the rupee invoice plus any margin will form the assessable value for import duty when the EPCG licence holder imports the capital goods. Discussion-Forum Customs Thu, 23 Nov 2006 15:56:52 +0530 https://www.taxtmi.com/forum/issue?id=285