Para C.23(xi) of the Master Direction no.16/2015-16 dated January 1, 2016 (as amended) says that cases not covered by the above instructions/beyond the above limits, may be referred to the concerned Regional Office of the Reserve Bank of India. So, you may approach the RBI through your bank.
Q. In our EPCG authorisation issued under FTP 2011-12, as per prevalent policy, we obtained JDGFT’s permission to fulfill EO through exports of a group company. Now, is it obligatory for the authorisation holder to fulfill 50 per cent EO first and thereafter fulfill remaining 50 per cent EO to be fulfilled by the group company? Also, suppose 50 per cent of EO is fulfilled by the group company and remaining 50 per cent of EO is not fulfilled by authorisation holder, will it be considered that 50 per cent EO stands discharged under authorisation?
There is no requirement that you have to fulfill 50 per cent EO first and thereafter count the remaining 50 per cent of the EO through exports of your group company. Also, there is no bar on counting 50 per cent of the EO through exports of a group company, even if you have made no exports.
Q. As per Para 2.50A of FTP, “Imported goods found defective after Customs clearance, or not found as per specifications or requirements may be re-exported back as per Customs Act, 1962”. What is the corresponding provision for re-exporting goods back, as per the Customs Act 1962?
You may refer to Section 26(1)(d)(i), Section 69 and Section 74 of the Customs Act, 1962.