06 February 2014
We are an exporter we buy label from the indigenous manufacturer.The label manufacturer has EPCG licence for import of Machinery for manufacturing label.We buy label from him and affix on our Final product. We want to export our final product mentioning TWO EPCG licence on of the label manufacturer and other of us in the single shipping bill is it possible? if yes should we show separate value of our product without label value and label value ? Please reply with notification No.or Para no. of FTP or Section of the Customs Act or the decided case law.
07 February 2014
In purview of current foreign trade policy either licence Holder or you can take the avail the EO fulfillment . On the other hand Noted that chapter -3 benefit also can take the one exporter after NOC of the other exporter as third party exports level.
CAclubindia
