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EO agst EPCG & Advance License

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....O agst EPCG & Advance License<br> Query (Issue) Started By: - deepak kalambate Dated:- 30-6-2012 Last Reply Date:- 3-7-2012 Customs - Exim - SEZ<br>Got 5 Replies<br>Customs<br>Dear Sir, Pl. let me know whether export made against EPCG license can be counted towards fulfilment of export obligation for Advance License &#65279;simultaneously.&#65279; Reply By Pradeep Khatri: The Reply: Yes, it it ....

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....allowed. To encourage value added manufacture export, a minimum 15% value addition on imported inputs under Advance Authorisation Scheme has been stipulated.Shipments under Advance Authorization, DFRC, DFIA,or Drawback scheme, or incentive schemes under Chapter 3 of FTP; would also count for fulfillment of EPCG export obligation. This is for your kind information. Regards, Pradeep Khatri Repl....

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....y By deepak kalambate: The Reply: thanks a lot for your immediate reply ! Reply By deepak kalambate: The Reply: As DGFT is giving seperate EO for both EPCG & Advance license at the time of issuing license then how the single shipping bill is prepared for both i.e. for EPCG & Advance License. In other words if I exported goods worth Rs.10 Lacs, then i have fulfilled EO of Rs.10 Lacs against EPC....

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....G and also of Rs.10 Lacs against Advance License? Pl advise. Reply By Rahul Sonawane: The Reply: You can file the shipping bill under scheme code of Advance + EPCG Lic, you just give instructions to your CHA , he will do it. Reply By sundar raman: The Reply: for advance licence the EO based on quantity imported to be exported where as for EPCG EO based on value. single shipping bill can be fu....

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....lfilled for both advance and epcg licences.<br> Discussion Forum - Knowledge Sharing ....