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Enterprises with 26% voting rights qualify as "Group Company" under EPCG Scheme, affecting export obligations per Foreign Trade Policy 9.28.
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....Group Company – EPCG Scheme - Perusal of definition of “Group Company” reveal that two or more enterprises, ought to be in position directly or indirectly to exercise 26% or more voting rights in other enterprise – Authorities directed to consider utilization of excess exports of group company in computation of export obligation in terms of para 9.28 of FTP - HC....
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