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FTP /
HBOP
Para
New Provision
Comments / Impact
No.
1
FTP
5.00 Objective
Earlier EPCG scheme has not defined its objective. The objective has
been introduced to bring emphasis on Export Competitiveness and
Quality of the goods.
FTP
5.01 EPCG
Scheme
FTP
FTP
FTP
FTP
Sr.
FTP /
HBOP
Para
New Provision
Comments / Impact
No.
any kind) for,
(i)
FTP
FTP
5.02 Coverage
In case restricted goods for exports, the EPCG can be granted after
issuance of export authorisation by Exim Facilitation Committee at
DGFT, New Delhi.
Sr.
FTP /
HBOP
Para
New Provision
Comments / Impact
No.
FTP
10
FTP
11
FTP
12
FTP
13
FTP
This provision has been removed. In other words for all exporters, the
Average Export will be arithmetic mean of last 3 years exports.
FTP /
HBOP
Para
New Provision
Comments / Impact
HBOP
5.04
Certificate of
Installation of
Capital Goods
HBOP
5.04
Certificate of
Installation of
Capital Goods
HBOP
5.06 (b)
Import of
spares, tools,
refractories
and catalysts
HBOP
HBOP
5.07 (c)
This the welcome step which will reduce unnecessary time of delay and
corruption.
This is welcome provision. The RA has power to extend period of
submission of Installation certificate by 12 month. In other words, the
exporter can submit the installation certificate within period of 18
month from the date of import if permission from RA to this effect has
been obtained.
The requirement of listing the spares to be imported under EPCG at the
time of obtaining Authorisation has been dispensed with. In other
words, the exporter can import the goods under general description
spares
Conversion of
4
Sr.
FTP /
HBOP
Para
New Provision
Comments / Impact
No.
EOU/
Relocated SEZ
Units to DTA
Unit under
EPCG Scheme
5.08 (d)
Sourcing of
Capital Goods
Manufactured
Indigenously
HBOP
5.10
Conditions for
fulfilment of
Export
Obligation
RA concerned will issue the Earlier there was provision of issuance of Invalidation in duplicate. Now
invalidation letter / ARO, in it will be issued in quadruplicate.
quadruplicate.
HBOP
Documents required for EPCG Following requirement has been given in case of export from third
Redemption in case of third party party,
exports.
a) export documents viz., shipping bills / Bill of exports etc. shall
indicate name of both authorization holder and supporting
manufacturer, if any, along with EPCG authorization number.
b) BRC, GR declaration, export order and invoice should be in the
name of third party exporter.
c) A copy of agreement entered into between the authorization
holder and the ultimate exporter
5
Sr.
FTP /
HBOP
Para
New Provision
Comments / Impact
No.
d) ARE-1 Certificate issued by Central Excise with the shipping bill
number, date and EPCG authorization number
e) Invoice duly incorporating the relevant EPCG authorization
number & date at the time of dispatch
f) Lorry Receipt (LR) /Logistical evidence for transportation of
goods from the premises of the authorization holder to the third
party/port of export
g) An undertaking from the 3rd party on a stamp paper, declaring
that the products exported for fulfilment of EO by them on
behalf of the license holder as per details given in the statement
of exports, were manufactured by the license holder
h) Financial evidence for having received proceeds through normal
banking channel from third party exporters account to the
authorization holders account towards such third party supplies.
i) Disclaimer certificate from third party that they shall not use
such proceeds towards EO fulfilment of any EPCG authorization
(s) obtained by them
8
HBOP
HBOP
5.11
Realization of
Export
proceeds
5.15
Monitoring of
Export
Obligation
Realisation in case Supplies to SEZ Earlier there was no specific provision for realisation from Foreign
Unit shall be from Foreign Currency Currency Account in case of supplies from SEZ Units. Now specific
Account of the SEZ Unit.
provision has been inserted.
Return for status of fulfilment of Return for stratus of fulfilment of Export obligation is required to be
Export obligation is required to be filed online by 30th April every year with Digital signature.
filed online.
6
Sr.
FTP /
HBOP
Para
No.
10
HBOP
11
HBOP
5.17 (c)
Extension in
Export
Obligation
Period
5.22 (b)
Redemption
12
HBOP
13
14
New Provision
Comments / Impact
5.22 (b)
Redemption
Sr.
FTP /
HBOP
Para
New Provision
Comments / Impact
No.
15
HBOP
5.27(c)
Clubbing of
EPCG
authorisations