TaxTMI 
TaxTMI 
Rationalization of procedures in handling exporters obligations under EPCG authorizations
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....ectors General (All) Chief Commissioners/Directors General (All) Pr. Commissioners/Commissioners (All) Madam/Sir, Subject: Rationalization of procedures in handling exporters obligations under EPCG authorizations -reg. The undersigned is directed to say that as a part of further rationalizing procedures and avoiding duplication of work based on feedback on outcomes of applying extant procedur....
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.... issued at end of second block should be accepted without further verification. The Instruction of 2011 confirmed that this is to be implemented; however, for past cases where exporter had not come forward for first block verification but had submitted the EODC, the EODC may be accepted subject to random verification of at least 5% of EODCs issued in such past cases. It further directed that the C....
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....rest as notified by DOR) proportionate to duty saved amount on total unfulfilled EO of the first block", and the similar provisions in previous FTP/HBP 2009-14 and 2004-09 are strictly followed by Regional Authorities before issuing EODC/redemption/closure letters; and also that cases of condoning / delay in fulfillment of block-wise EO are considered by Regional Authorities only when exporter has....
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....intelligence. Further, if Regional Authorities endorse verification of shipping bills/other documents on an EODC, such verification shall be carried out. Moreover, it remains mandatory to verify genuineness of non-EDI shipping bills/bills of export on which an EODC may be based. 5. The guidelines issued in the past on the subject shall be modified to the above extent. It should be noted that moni....