Eximkey - India Export Import Policy 2004 2013 Exim Policy
5.5.1

On receipt of such request, either at the time of issuance of Authorisation or subsequently, the Regional Authority shall make the Authorisation invalid for direct import and issue an invalidation letter, in duplicate, to the EPCG Authorisation holder. The Regional Authority shall simultaneously grant permission to the EPCG Authorisation holder to procure the capital goods indigenously in lieu of direct import.

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