12 September 2015
Hi, ARE-I form duly authenticated by Custom required for redemption of EPCG Licence .if we export through Third party. because as per FTP 2015-20 where mention these addition documents for redemption of EPCG please guide us. Vipan Kumar Cell No 9817260443
12 September 2015
Refer to para 5.10 of hand book of policy procedures 2015-2020
"Conditions for fulfilment of Export Obligation"
Para (d) The EPCG authorization holder shall submit the following additional documents for discharge of EO through third party (ies):
(i) A copy of agreement entered into between the authorization holder and the ultimate exporter undertaking to export the goods manufactured by the authorization holder/supporting manufacturer for fulfilment of the export obligation against the EPCG authorization in question.
(ii) Proof of having despatched the goods from authorization Holder’s factory premises to the ultimate exporter/port of export viz. (a) ARE-1 Certificate issued by Central Excise with due authentication by the Customs verifying the exports along with the shipping bill number, date and EPCG authorization number (b) Invoice duly incorporating the relevant EPCG authorization number & date at the time of dispatch.
(iii) Lorry Receipt (LR) /Logistical evidence for transportation of goods from the premises of the authorization holder to the third party/port of export. (iv) An undertaking from the 3rd party on a stamp paper, declaring that the products exported for fulfillment 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.
(v) Financial evidence for having received proceeds through normal banking channel from third party exporter’s account to the authorization holder’s account towards such third party supplies.
(vi) Disclaimer certificate from third party that they shall not use such proceeds towards EO fulfillment of any EPCG authorization (s) obtained by them.
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