Rationalization of procedures in handling exporters obligations under EPCG authorizations

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....nalizing procedures and avoiding duplication of work based on feedback on outcomes of applying extant procedures, taking into account the conditions prescribed in the Foreign Trade Policy and Customs notifications, the Board reviewed certain aspects of the directions given to field formations in Circular No. 5 2010-Cus, Instruction No. 609 119 2010- DBK dated 18.01.2011 and Circular No. 14 2015-Cus insofar as they relate to EPCG scheme. The details are given in succeeding paragraphs. 3. At present the correctness of the installation certificates issued by Chartered Engineers are to be verified on random basis in at least 500 cases through the Central Excise Division. The Board has decided that this verification be restricted to 50 0 cases....

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....e 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 fulfilment of block-wise EO are considered by Regional Authorities only when exporter has obtained relaxation in terms of DGFT's powers under the FTP. The DGFT has also advised its Regional Authorities to ensure that these provisions are strictly followed in respect of all unredeemed EPCG authorization issued during the FTP 2004-09, 2009-14 and 2015-20. 4C. In the light of this, Board has decided that Customs authorities need not replicate the verification of export obligation of the first block that is being conducted by Regional Authoritie....