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EPCG Scheme - Customs Instructions Revised
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....shed on 31.3.95 and revised edition of Handbook of procedures, Vol. I Published on 31.3.95 and revised edition of Handbook of procedures, Vol. I Published on 30.4.95- Monitoring of export Obligation. Consequent upon changes introduced in the Export Promotion Capital Goods (EPCG) Scheme w.e.f. 1.5.95, Directorate General of Inspection was requested to have a study conducted of the Standing Order....
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....ollowing features appearing in Calcutta Custom House standing order could be included in the standing orders issued by all Custom Houses. Whenever a Release Advice is issued for clearance of goods at other port, bond and bank guarantee for the estimated amounts are to be obtained in advance and the details thereof shall be entered in the Register. The amount of Bond and Bank Guarantee should be....
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....mmissioner, Cochin has prescribed "Time Diary" as in Annexure III* and as an effective method of monitoring the defaulters and for raising timely demands. This could be adopted by all the Commissioners of Customs. A model Show Cause Notice (Annexure-IV)* has also been prepared by Commissioner, Cochin wherever the licence holder has failed to import / export as per Notification No. 111/95-Custom....