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Archive: 23 November 1995

Posts in 23 November 1995

Engg. Product Export Scheme – Modvat permitted on inputs – Spares Import allowed

November 23, 1995 433 Views 0 comment Print

Engineering Products Export (Replenishment of Iron & Steel Intermediates) Scheme was notified by Ministry of Commerce on 1st March, 1995 and the Department of Revenue had issued Notification No. 10/95- Customs dated the 7th March, 1995 to give effect to the said scheme. In view of representations made by the Engineering Products exporters and Iron & Steel producers, the scheme has

EPCG / Advance Licences – Third Party Exports can be counted towards Export Obligation

November 23, 1995 17824 Views 1 comment Print

After introduction of para 41(II) and para 59 (A) in the EXIM Policy (92-97) with effect from 30th March, 1994, under which exports by Advance Licence holders through third party were allowed, doubts were expressed by some of the Commissioners of Customs whether and how the export through a third party by an Advance Licence holder under DEEC Scheme or EPCG holder could be

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