EPCG Exemption Doesn’t Waive Export Obligation for Sericulture Industry: CESTAT Delhi

Kasare Vanya Silk Mills Pvt. Ltd. Vs Commissioner Customs (CESTAT Delhi) EPCG exemption notification doesn’t exempt sericulture industry from requirement of export obligation: CESTAT Delhi CESTAT Delhi held that EPCG Scheme exemption notification no. 102/2009-Cus dated 11.09.2009 in respect of sericulture industry exempts importer from requirement of maintaining average level of export, however, requirement of export obligation is not exempted. Facts- The appellant set up a composite silk mill under a tripartite agreement executed between the Central Silk Board, Ministry of Textile (Govt. o...