
Bond Cancellation of EPCG License
The Export Promotion Capital Goods (EPCG) License gave to Manufacturer to import capital products with 0% obligation, yet with conditions to fullfill the commodity commitment identical to 6(Six) seasons of obligation saved of imports made inside legitimacy period, permit legitimacy is 6 (Six) a long time to finish Import just as Export Obligation.
While Import is made under this EPCG, the permit holder(Manufacturer)has to execute the Bond with Custom specialists under Notification no.97/2004 Dt.17/9/2004 indicating the risk of obligation saved sum and fullfilment of commodity commitment inside specified time-frame bombing which the obligation responsibility will be responsible for recuperation.
Our organization gives consultancy and administrations identified with Customs and DGFT and has amassed bountiful aptitude throughout the years in the field of DGFT Consultancy Services. We offer truly dependable assistance at the most aggressive costs. We mean to offer a wide range of assistance needed by the exporter under one rooftop. Our MEIS License Services incorporate the accompanying:
The traditions bond will stay dynamic untill the EODC isn’t delivered before them. The recuperation interaction by customs will begin on consummation of permit legitimacy.
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Inside Siyani Pole, Nr. Gate,
Ujjad Bazar Darwaja,
Wadhwan,
Dist.: Surendarnagar – 363030
Gujarat (India)
Office No. : +079 – 40070779,
+91 9574333355, +91 9574335588
Mobile No. : +91 83067 40779
Mail: info@iglpl.com