<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>CIRCULAR/NOTIFICATION FOR THE EXTENSION OF THE LICENSE VALUE</title>
    <link>https://www.taxtmi.com/forum/issue?id=114288</link>
    <description>The document explains that where exchange rate fluctuations increase shipment value and prevent customs clearance, the EPCG licence duty-saved amount can be modified. The HBP FTP provision cited allows an automatic enhancement or reduction of the duty-saved amount within prescribed limits and provides for pro rata reduction, enabling importers to adjust licence value to meet actual invoice costs under the automatic adjustment framework.</description>
    <language>en-us</language>
    <pubDate>Thu, 01 Nov 2018 16:30:50 +0530</pubDate>
    <lastBuildDate>Thu, 23 Jan 2025 15:55:16 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=540355" rel="self" type="application/rss+xml"/>
    <item>
      <title>CIRCULAR/NOTIFICATION FOR THE EXTENSION OF THE LICENSE VALUE</title>
      <link>https://www.taxtmi.com/forum/issue?id=114288</link>
      <description>The document explains that where exchange rate fluctuations increase shipment value and prevent customs clearance, the EPCG licence duty-saved amount can be modified. The HBP FTP provision cited allows an automatic enhancement or reduction of the duty-saved amount within prescribed limits and provides for pro rata reduction, enabling importers to adjust licence value to meet actual invoice costs under the automatic adjustment framework.</description>
      <category>Discussion-Forum</category>
      <law>Customs</law>
      <pubDate>Thu, 01 Nov 2018 16:30:50 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/forum/issue?id=114288</guid>
    </item>
  </channel>
</rss>