| Date: |
25-10-2017
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| Notification No: |
Public Notice No. 37/2015-2020
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| Issuing Authority: |
DGFT
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| Type: |
Public Notice
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| File No: |
F. No. 18/42/AM-18/P-5 |
| Subject: |
Acceptance of installation certificate under EPCG scheme by the RAs wherein installation certificate is submitted beyond 18 months
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Government of India
Ministry of Commerce and Industry
Department of
Commerce
Directorate General of Foreign Trade
Udyog Bhawan
Public
Notice No. 37/2015-20
New Delhi, Dated the 25th October, 2017
Sub: – Acceptance of installation certificate under EPCG scheme by the RAs
wherein installation certificate is submitted beyond 18 months.
In exercise of powers conferred under Paragraph 2.04 read with Paragraph 2.58
of FTP 2015-20, the Director General of Foreign Trade in Public interest hereby
makes the following one time relaxations in procedures in respect of acceptance
of installation certificate under EPCG Scheme.
1. The EPCG authorization
holders are required to submit the installation certificate showing installation
of the imported capital goods to the RA within prescribed time period.
2.
Para 5.04 of the Handbook of Procedures 2015-20 regarding certificate of
installation of capital goods stated is as under:
a. Authorization holder
shall produce, within six months from date of completion of import, to the
concerned RA, a certificate from the jurisdictional Central Excise Authority or
an independent Chartered Engineer, at the option of the authorization holder,
confirming installation of capital goods at factory/premises of authorization
holder or his supporting manufacturer(s). The RA may extend the said period for
producing the certificate by a maximum period of another 12 months. Where a unit
registered with Central Excise opts for independent Chartered Engineer’s
certificate, the authorization holder shall send a copy of the certificate to
the jurisdictional Central Excise Authority as intimation/record.
b. In
the case of import of spares, the installation certificate shall be submitted by
the Authorization holder within a period of three years from the date of import.
3. Where the exporter is unable to submit the installation certificate
within this prescribed time limit, the RA is not able to accept such
certificates. Such requests for condonation are received in DGFT Hqrs. Which
caused hardship and delay
4. It has been decided that in relaxation of
the procedure as onetime condonation, the RAs concerned may accept the
installation certificate submitted beyond the time limit on payment of penalty
of ₹ 5000/- per authorization to RA, subject to the following:
i. The
capital goods have been installed within the period of 18 months from the date
of imports but the installation certificate has been submitted to RA beyond 18
months from the date of import.
ii. The authorization holder submits to
RA bonafide reasons for delay in submission of installation certificate.
iii. The installation certificate is submitted to RA on or before 31.03.2018.
iv. The EPCG authorization is not under investigation/ adjudicated by RA/
customs authority/any other investigating agency.
Effect of the Public
Notice: Onetime relaxation for condonation of delay in submission of
installation certificate under EPCG Scheme is being provided.
(Alok Vardhan Chaturvedi)
Director General of Foreign Trade
(Issue from
F. No. 18/42/AM-18/P-5)
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