https://www.taxtmi.com/circulars?id=54644 Closure and redemption of EPCG authorisations are permitted for DTA suppliers who made supplies to SEZ units prior to the policy change even if proceeds were not realised through the SEZ unit's Foreign Currency Account, because earlier HBP provisions and SEZ Rules did not require FCA receipt for discharge of export obligation; by contrast, the current FTP/HBP requires FCA realisation for counting such supplies toward export obligations for authorisations issued under FTP 2015-20 and for transactions or receipts occurring after the policy change. en-us Wed, 20 Jul 2016 00:00:00 +0530 Thu, 21 Jul 2016 11:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54644 Closure and redemption of EPCG authorisations are permitted for DTA suppliers who made supplies to SEZ units prior to the policy change even if proceeds were not realised through the SEZ unit's Foreign Currency Account, because earlier HBP provisions and SEZ Rules did not require FCA receipt for discharge of export obligation; by contrast, the current FTP/HBP requires FCA realisation for counting such supplies toward export obligations for authorisations issued under FTP 2015-20 and for transactions or receipts occurring after the policy change. Circulars DGFT Wed, 20 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54644