Government of India
Ministry of Commerce and Industry
Department of Commerce
Directorate General of Foreign Trade

Public Notice No. 04/2015-2020

New Delhi, Dated the 03^rd May, 2016

Sub: Notification of new Appendix 5D containing the list of services for which payment is received in Rupee terms which could be counted towards discharge of Export Obligation under the Export Promotion Capital Goods(EPCG) Scheme.

1. In exercise of powers conferred under paragraph 2.04 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Director General of Foreign Trade, hereby amends the annexure to Public Notice No.1, 2015-2020 dated 1^st April 2015(Appendices and Aayat Niryat Forms) by notifying a new Appendix 5D.

2. Payments which have been received in foreign exchange or which would have been otherwise received in foreign exchange, but paid in Indian Rupees (INR), out of the amount remittable to the overseas principal, or out of remittances to be sent by the overseas buyer, for services rendered in Customs notified areas to a foreign liner including through its agents in India, given below would be considered as deemed to be received in foreign exchange and deemed to be earned in foreign exchange and shall be counted towards discharge of export obligation with effect from 1.4.2015 under EPCG scheme:

3. Services provided in respect of ‘vessel related charges’ for coastal and inland vessels and ‘Cargo related charges’ in respect of coastal cargo, coastal containers and coastal empty containers will not be counted for discharge of E.O. under EPCG Scheme.

Effect of this Public Notice: List of services, payments for which are received in Rupee terms and which can be counted towards discharge of Export obligation under the EPCG Scheme, is notified. Appendix 3E shall not be applicable for EPCG scheme.

[Anup Wadhawan]
Director General of Foreign Trade
Email: [email protected]
(Issued from File No. 18/110/AM16/PC-5)