Custom act 1962,FTP 2023-24 I took advance license under notification 21/2023 for physical export
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....ustom act 1962,FTP 2023-24 I took advance license under notification 21/2023 for physical export<br> Query (Issue) Started By: - Dinesh kumar Dated:- 6-9-2025 Last Reply Date:- 19-12-2025 Customs - Ex....
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....im - SEZ<br>Got 1 Reply<br>Customs<br>Can I eligible for BG exemption under Public Notice 140/2016-Custom if I am merchant exporter and have turnover of more than 5cr to EOU unit ? Para (A) Table 3.1 ....
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....of PN 140/2016 or Circular 58/2004 says for physically export. Reply By Ryan Vaz: The Reply: Applicable Law / Circulars * Public Notice No. 140/2016-Customs, Table 3.1(A) - CBEC (now CBIC) * ....
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....CBEC Circular No. 58/2004-Cus., dated 21.10.2004 * FTP 2015-20 / HBP - provisions on deemed exports * Customs Act, 1962 - bond/BG execution Short Practical Answer No. A merchant exporter su....
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....pplying to an EOU is not eligible for BG exemption under Para (A) of Table 3.1 of PN 140/2016, even if turnover exceeds ?5 crore, because the exemption is restricted to physical exports only, not deem....
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....ed exports.<br> Discussion Forum - Knowledge Sharing ....




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