Para 6.6
- Document type
- Procedure
- Dated
- Category
- HB Vol.1 ( upto 31/03/2002)
Indigenous Sourcing Of Capital Goods
6.6
- The EPCG licence holder intending to source capital goods indigenously, shall make a request to the licensing authority for invalidation of the EPCG licence for direct import. The EPCG licence holder shall also give the name and address of the person from whom he intends to source the capital goods.
- On receipt of such request, either at the time of issuance of licence or subsequently, the licensing authority shall make the licence invalid for direct import and issue an invalidation letter, in duplicate, to the EPCG licence holder. The licensing authority shall simultaneously grant permission to the EPCG licence holder to procure the capital goods indigenously in lieu of direct import.
- The indigenous manufacturer intending to supply capital goods to the EPCG licence holder may apply to the licensing authority in the form given in Appendix-11B for the issuance of Advance licence for deemed exports for import of inputs including components required for the manufacture of capital goods to be supplied to the EPCG licence holder.