https://www.taxtmi.com/forum/issue?id=106489 Importation under the EPCG scheme is subject to a binding export obligation; the EPCG licence number must be quoted on shipping bills and DGFT endorsement is required upon fulfillment. Capital goods cannot be removed, sold, or rented until the prescribed export obligation period is met; failure to comply attracts duty, interest, penalties and possible administrative sanctions including placement on a denied entity list. Refer HBP Chapter 5 and the jurisdictional excise/customs office for procedural guidance. en-us Mon, 03 Feb 2014 17:25:24 +0530 Thu, 23 Jan 2025 15:57:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106489 Importation under the EPCG scheme is subject to a binding export obligation; the EPCG licence number must be quoted on shipping bills and DGFT endorsement is required upon fulfillment. Capital goods cannot be removed, sold, or rented until the prescribed export obligation period is met; failure to comply attracts duty, interest, penalties and possible administrative sanctions including placement on a denied entity list. Refer HBP Chapter 5 and the jurisdictional excise/customs office for procedural guidance. Discussion-Forum Central Excise Mon, 03 Feb 2014 17:25:24 +0530 https://www.taxtmi.com/forum/issue?id=106489