DGFT notifies new application forms under EPCG Scheme – May 2016
June 20, 2016
Members of the Council
Sub : DGFT notifies new application forms under EPCG Scheme
As members are aware, Zero duty EPCG scheme under Foreign Trade Policy 2015-20 allows import of capital goods for pre-production, production and post production (including CKD/SKD thereof as well as computer software systems) at zero Customs duty, subject to an export obligation equivalent to 6 times of duty saved on capital goods imported under EPCG scheme, to be fulfilled in 6 years reckoned from Authorization issue-date.
Vide Public Notice No.08/2015-20 dated 6th May 2016 (copy enclosed), the DGFT has notified the revised application forms ANF 5A (application for issuance of EPCG/Post Export EPCG), ANF 5B (application form for redemption of EPCG Authorisation/ Post Export EPCG Duty Credit Scrip), ANF 5C (Application form for Clubbing of EPCG Authorizations) and Appendix 5C of Appendices ( Certificate of Chartered Accountant/Cost Accountant/Company Secretary for redemption of EPCG Authorisation/ Issuance of Post Export EPCG Duty Credit Scrip). These revised application formats shall come into force with immediate effect.
Members may kindly take note .
Thanks & Regards
R.Ramesh Kumar, I.A.S.
Council for Leather Exports