PARA 5.3
- Document type
- Procedure
- Reference no.
- 03
- Dated
- Category
- HB Vol.1 ( upto 31/08/2004)
Consideration of Applications
5.3
The applicant may apply for EPCG licence wherein duty saved amount is Rs. 50 crores, to the Regional Licensing Authority along with a certificate from the independent chartered engineer on the Performa annexed to appendix 9 certifying the end use of capital goods sought for import for its use at pre production, production or post production stage for the product undertaken for export obligation.
For the cases wherein duty saved amount is above Rs. 50 crores, the applicant may apply to DGFT Headquarters directly with a copy endorsed to the concerned RLA. In such cases, based on the recommendations of Headquarters EPCG Committee/ approval of competent authority the concerned RLAs will issue the EPCG licence accordingly.
(Para 5.3 has been amended vide PN. No. 42/2003, DT. 28/01/2004)
[OLD -
The applicant may apply for EPCG license wherein duty saved amount is upto Rs. 50 crores to the Regional Licensing Authority (RLA) on the basis of self-declaration subject to final fixation of nexus by the RLA. The applicant shall give an undertaking that in case the RLA subsequently disallows the Capital Goods including jigs, fixtures, dies, moulds and spares, the license holder shall pay customs duty as applicable together with 15% interest on such goods.
For the cases wherein duty saved amount is above Rs. 50 crores, the applicant may apply to DGFT headquarters directly with a copy endorsed to the concerned RLA. In such cases, based on the recommendations of Headquarters EPCG Committee which will also fix the nexus in these cases, the concerned RLAs will issue the EPCG License accordingly.
(Para 5.3 has been amended vide PN. No. 26/2003, DT. 30/09/2003) ]
[OLD -
The applicant may apply for EPCG licence to the competent authority on the basis of self declaration subject to final fixation of nexus by Hqrs. EPCG Committee as per the financial power given in the table below. The applicant shall give an undertaking that in case the Hqrs EPCG Committee disallows the Capital Goods including Jigs, fixtures, dies, moulds and spares, the license holder shall pay Customs duty together with 15% interest on such goods.
(Above tabular form has been amended vide PN. NO. 18/2003, DT. 24/07/2003)]
[OLD -
]
(Please refer Cir. No. 20/2003, DT. 14/11/2003 for Certification of nexus under EPCG Scheme)
The applicant may apply for EPCG licence wherein duty saved amount is Rs. 50 crores, to the Regional Licensing Authority along with a certificate from the independent chartered engineer on the Performa annexed to appendix 9 certifying the end use of capital goods sought for import for its use at pre production, production or post production stage for the product undertaken for export obligation.
For the cases wherein duty saved amount is above Rs. 50 crores, the applicant may apply to DGFT Headquarters directly with a copy endorsed to the concerned RLA. In such cases, based on the recommendations of Headquarters EPCG Committee/ approval of competent authority the concerned RLAs will issue the EPCG licence accordingly.
(Para 5.3 has been amended vide PN. No. 42/2003, DT. 28/01/2004)
[OLD -
The applicant may apply for EPCG license wherein duty saved amount is upto Rs. 50 crores to the Regional Licensing Authority (RLA) on the basis of self-declaration subject to final fixation of nexus by the RLA. The applicant shall give an undertaking that in case the RLA subsequently disallows the Capital Goods including jigs, fixtures, dies, moulds and spares, the license holder shall pay customs duty as applicable together with 15% interest on such goods.
For the cases wherein duty saved amount is above Rs. 50 crores, the applicant may apply to DGFT headquarters directly with a copy endorsed to the concerned RLA. In such cases, based on the recommendations of Headquarters EPCG Committee which will also fix the nexus in these cases, the concerned RLAs will issue the EPCG License accordingly.
(Para 5.3 has been amended vide PN. No. 26/2003, DT. 30/09/2003) ]
[OLD -
The applicant may apply for EPCG licence to the competent authority on the basis of self declaration subject to final fixation of nexus by Hqrs. EPCG Committee as per the financial power given in the table below. The applicant shall give an undertaking that in case the Hqrs EPCG Committee disallows the Capital Goods including Jigs, fixtures, dies, moulds and spares, the license holder shall pay Customs duty together with 15% interest on such goods.
| Duty Saved | Competent Authority |
| Upto Rs. 50 Crore | Regional Licensing Authority concerned |
| Above Rs. 50 Crore | Headquarters EPCG Committee |
(Above tabular form has been amended vide PN. NO. 18/2003, DT. 24/07/2003)]
[OLD -
| CIF Value | Competent Authority |
| Upto Rs.50 Crore. | Regional Licensing Authority concerned |
| Above Rs.50 Crore | Headquarters EPCG Committee |
(Please refer Cir. No. 20/2003, DT. 14/11/2003 for Certification of nexus under EPCG Scheme)