New Policy
No Changes.
PARA 5.7
In the event of a firm contract between the EPCG licence
holder and domestic manufacturer for such sourcing, the domestic manufacturer
may apply for the issuance of Advance Licence for deemed exports for the import
of inputs including components required for the manufacturer of said capital
goods.
The domestic manufacturer may also replenish the inputs including
components after supply of capital goods to the EPCG licence holders. The export
obligation relating to the EPCG licence shall be reckoned with reference to the
CIF value of the licence actually utilized.
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