Counting of third party exports under EPCG scheme and Clarification on paragraph 6.5(i) of EXIM Policy where further processing is done to add value

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....7-2002 DATED: 10th July, 98 Subject :- Counting of third party exports under EPCG scheme and Clarification on paragraph 6.5(i) of EXIM Policy where further processing is done to add value. Attention is invited to paragraph 6.5 (vi) of the Exim Policy (RE-98), 1997-2002 which reads as follows: "Where the manufacturer exporter has obtained licences for the manufacture of the same export ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....der paragraph 6.5(ii) of the Exim Policy (RE-98), 1997-2002, the DEPB benefit can be claimed by either of the two depending upon the agreement which the manufacturer holding the EPCG license has with the third party. However, in such cases, the claimant shall submit a 'No Objection Certificate' from the other party that DEPB benefit has not been claimed or shall not be claimed by the latter and....