Incorrect simultaneous issuance of dual benefit of Zero duty EPCG and SHIS to exporters under the FTP 2009-14 option providing flexibility to return either benefit

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....6 PUBLIC NOTICE NO.41/2016 Sub: Incorrect simultaneous issuance of dual benefit of Zero duty EPCG and SHIS to exporters under the FTP 2009-14 option providing flexibility to return either benefit. Attention of all the members of Trade, Air Cargo Complex Brokers and other stakeholders is invited to CBEC Circular No.45/2016-Customs dated 23.09.2016 on the above mentioned subject. 2. Instances....

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....ment of Commerce (DGFT) with the concurrence of Department of Revenue. The aspects notified in the Public Notice are self explanatory. The Ministry directs that pending issues related to the simultaneous issuance or availing of Zero duty EPCG/Post Export EPCG and SHIS shall be decided in terms of the said Public Notice. 4. It was noted by the Ministry that consequent to issuance of the said Publ....