https://www.taxtmi.com/forum/issue?id=110163 Reduced export obligation under EPCG applies only when capital goods are sourced indigenously, not to raw material inputs. The domestic supplier must be linked by an invalidation letter; the buyer may claim excise charged as CENVAT credit or seek a TED refund from DGFT. Applicants must furnish a bond or BG unless exempted; the licence carries an export obligation (generally six times duty saved) enforceable by demand, interest, penalty and BG invocation. The EPCG scrip is the licence and does not itself constitute TED payment. en-us Fri, 08 Apr 2016 05:49:48 +0530 Thu, 23 Jan 2025 15:56:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110163 Reduced export obligation under EPCG applies only when capital goods are sourced indigenously, not to raw material inputs. The domestic supplier must be linked by an invalidation letter; the buyer may claim excise charged as CENVAT credit or seek a TED refund from DGFT. Applicants must furnish a bond or BG unless exempted; the licence carries an export obligation (generally six times duty saved) enforceable by demand, interest, penalty and BG invocation. The EPCG scrip is the licence and does not itself constitute TED payment. Discussion-Forum Customs Fri, 08 Apr 2016 05:49:48 +0530 https://www.taxtmi.com/forum/issue?id=110163