Subject: Cancellation of LUT BOND/BG in respect of EPCG Licenses

भारत सरकार/ Government of India िव मंालय / Ministry of Finance आयु सीमाशुक एन.एस.-II का कायालय Office of Commissioner of Customs NS-II Jawaharlal Nehru Custom House, Nhava Sheva, Dist- Raigad, Maharashtra – 400 707

F.No. CUS/EPCG/MISC/2214/2023-EPSMMC -O/o-Commr-Cus-Nhava Sheva- II
Date: .11.2023

PUBLIC NOTICE NO. 106 /2023 Sub: Cancellation of LUT BOND/BG in respect of EPCG Licenses-reg.

EPCG Authorization Holders are required to submit proof of fulfillment of export obligation within the stipulated time in the form of Export Obligation Discharge Certificate (EODC). The details of EPCG Authorizations, where export obligation period is over between 01.01.2020 to 31.12.2022 but the EODC has not been submitted as per this office records, is annexed to this Public Notice as Annexure-A.

2.    The EPCG Authorization Holders, as detailed in Annexure A, are hereby
   

requested to submit the documents as under to the EPSMMC Cell, 7th Floor, JNCH, Nhava-Sheva, immediately for cancellation of LUT BONDs/ BGs: a. EODC/Redemption Letter /Regularization Letter b. ANF 5B duly certified by Chartered Accountant c. License along with duty debit sheet (wherever applicable) d. Copy of Installation Certificate issued by Chartered Engineer/Central Excise/GST Authorities e. Copy of S/Bs (ARE-1 in case of deemed exports) f. Bank Realization Certificate g.

rever applicable) d. Copy of Installation Certificate issued by Chartered Engineer/Central Excise/GST Authorities e. Copy of S/Bs (ARE-1 in case of deemed exports) f. Bank Realization Certificate g. In case third party export (documents as per applicable FTP) h. Other relevant documents submitted to DGFT. 3 . In respect of cases where EODC has not been received from respective Regional Authority (RA) of DGFT although Export Obligation Period is over, EPCG Authorisation Holders are requested to regularize their licenses either by submitting EODC/Redemption Letter/ Regularization Letter failing which appropriate action for recovery of government dues shall be initiated as per provisions of Customs Act, 1962. 4. In case the Authorisation Holder feels that they have already submitted the EODC, but the Bond/BG has not yet been cancelled; or if their Bond/BG has already been CUS/EPCG/MISC/2214/2023-EPSMMC-O/o-Commr-Cus-Nhava Sheva-II I/1569977/2023

cancelled, such EPCG Authorization Holders are requested to submit proof of the same. 5.

if their Bond/BG has already been CUS/EPCG/MISC/2214/2023-EPSMMC-O/o-Commr-Cus-Nhava Sheva-II I/1569977/2023

cancelled, such EPCG Authorization Holders are requested to submit proof of the same. 5. The bonds submitted against the above said EPCG authorizations in TSK/JNCH shall be forwarded to EPSMMC/ JNCH for placing in concerned file for closure/disposal of respective Authorization.

(Sanjeev Kumar Singh) Commissioner of Customs, NS-II, JNCH, Nhava-Sheva.

Copy to:

1. The Chief Commissioner of Customs, Mumbai-II for information please
2. The Dy./Asstt. Commissioner of Customs (EDI), for uploading the same on JNCH website.
3. The Dy./Asstt. Commissioner of Customs, TSK, JNCH
4. The Bombay Customs Brokers Association (BCBA) with a request to sensitize their members and trade partners and to give wide publicity
5. The Federation of Indian Export Organizations (FIEO) with a request to sensitize their members and to give wide publicity.

CUS/EPCG/MISC/2214/2023-EPSMMC-O/o-Commr-Cus-Nhava Sheva-II I/1569977/2023