DGFT develops EODC Monitoring System for Advance/EPCG Authorisations

New Delhi, Apr 10 (KNN) For monitoring the progress of Export Obligation Discharge Certificate (EODC) applications of Advance and EPCG authorisations, the Directorate General of Foreign Trade (DGFT) has developed an online EODC monitoring system.

The website can be accessed at http://eodc.online in which the input data related to applications submitted by exporters for EODC can be put and the status can be updated when either Deficiency letter or EODC is issued.

DGFT said a facility has also been provided for exporters to view status of their pending EODC applications.

In case, if their EODC applications are pending with the Regional Authorities (RAs)  and system is not showing it as pending, exporters can raise a query in the system and RAs would take consequential action in this matter so that such applications are entered into the system.

Once a query is raised by any exporter, RA shall verify whether any such application is submitted for EODC of AA/ EPCG which is yet to be disposed of. RA can accept or reject the query.

As this monitoring system is developed as a new standalone system, in the beginning, status related to all pending authorisations may not be visible, said DGFT.

The authority requested all exporters whose EODC cases are pending with various RAs, to feed their pending data using 'Raise Query' option. This will enable RAs to monitor and dispose their cases faster.

“It is advised to all authorisation holders that before raising any query, they should check the status of their applications online,” said DGFT.

DGFT further asked the exporters to also draw the attention of RAs in respect of their pending applications using contact@dgft service (addressed to RA concerned) through DGFT website.

Export Promotion Capital Goods (EPCG) scheme allows import of capital goods including spares for pre-production, production and post production at zero duty subject to an export obligation of 6 times of duty saved on capital goods imported under EPCG scheme, to be fulfilled in 6 years reckoned from Authorization issue date.

EPCG scheme covers manufacturer exporters with or without supporting manufacturer(s)/ vendor(s), merchant exporters tied to supporting manufacturer(s) and service providers. The Scheme also covers a service provider who is designated / certified as a Common Service Provider (CSP). (KNN Bureau)