APPENDIX- 9B
STATEMENT OF FOREIGN EXCHANGE EARNINGS AND REDEMPTION FORM UNDER EPCG SCHEME FOR SERVICE PROVIDERS
NOTE: PLEASE SEE PARAGRAPH 5.9 AND 5.13 OF THIS HANDBOOK
a) Name & Address of the Licence holder :
b) EPCG Licence No. & Date :
c) CIF Value i) Allowed:
ii) Utilised:
d) Export Obligation imposed on the EPCG Licence :
i) Export obligation equal to four/five :
/ six times of the CIF value of
capital goods.
ii) Average exports to be maintained :
e) Type of service rendered as per the
conditions attached to the EPCG licence :
f) Date of completion of export obligation :
g) Details of Service Provided :
i) Year/Block of year from the date
of issue of licence :
ii) Proportion of total Export Obligation
fulfilled :
iii) Details :
| S.No. | Type of Service Rendered | Voucher No/Invoice no (not applicable for the hotel industry) | Foreign Exchange Earnings by Service Provider |
| | | | Forex earnings realised for additional EO under EPCG | Forex earnings realised by service provider for maintaining average |
| (1) | (2) | (3) | (4a) | (4b) |
| | | | | |
We hereby declare that the above particulars are correct
Signature with seal and
Designation of the service provider
It is certified that we have verified the foreign exchange earned for the licensing years mentioned above by the service provider.
Signature with seal of the
Chartered Accountant
Membership No.
This is certified that all services rendered as shown above are in freely convertible currency (both direct and
indirect in respect of the service provider) and payment of the same has been realised.
Signature with the seal of the
Bank/authorised dealer in foreign exchange.
Date:............ Bank/Authorised dealer Code No...................
- Note:
- 1. The consolidated statement may be submitted only at the time of seeking redemption of Bank Guarantee/Legal Undertaking and the statement should be complete in all respects including the information in column (g)(3) above duly certified by Chartered Accountant as well as by the Bank/authorised dealer.
2. For hotel industry, the payments covered under Policy circular 60/97-2002 dated 24.12.98, shall be considered as foreign exchange earned for the purpose of EPCG scheme.
Documents to be enclosed with the application form:
1. Copy of bill of entry showing date of clearance of the first consignment.