Table of Content
- What is EPCG Scheme?
- Applying for EPCG scheme
- Amendment of EPCG Licence
- Import Process under EPCG & Installation Certificate
- Export Obligation under EPCG scheme
- Block-wise Extension under EPCG scheme
- Export Obligation Period extension under EPCG scheme
- Fulfillment of export obligation / Export process under EPCG licence
- Closure of EPCG licence / Export Obligation Discharge Certificate
- FAQs
- Important notifications related to EPCG scheme
Fulfillment of export obligation / Export process under EPCG licence
Under the EPCG Scheme, the licenses issued have to be monitored over a six-year period for the completion of export obligation.
During the export obligation period goods are produced and exported under EPCG License. During this period it is very essential to take care of proper export documentation so that the shipping bills are counted for the export obligations.
Execute Exports (Finished Product) duly mentioning Export Product, ITC (HS) Code, FOB Value (US$ / ₹), EPCG No & EPCG Date which should be exactly as per EPCG on Export Documents such as Shipping Bill / Bill of Export / GST Invoice by opting Direct Export / Third Party / Export to SEZ / Deemed Export.
The EPCG authorisation holder can either export directly or through third party(s). Export proceeds must be realized in freely convertible currency except for deemed exports
