Circular No.ES/24/2015-16 September 8, 2015
To: Members of the Council
Sub: Applicability of Para 5.10 (d) of Handbook of Procedure (HBP), 2015-20 relating to third party exports under EPCG Scheme
Dear Sir,
We would like to inform you that DGFT has issued Policy Circular No. 3/2015-20 dated 2nd September, 2015 regarding of applicability of provisions of Para 5.10 (d) of Handbook of Procedure, 2015-20 relating to third party exports.
Accordingly, it is clarified that the provisions of Para 5.10(d) of HBP 2015-20 shall be applicable to third party exports made on or after 01.04.2015 (even in respect of exports made under EPCG authorisations issued prior to 01.04.2015). Third party exports which have been made prior to 01.04.2015 will be governed by the provisions of relevant policy/procedure.
Members are requested to make a note of the above and do the needful.
Thanking You,
V. ANIL KUMAR
EXECUTIVE DIRECTOR
