EPCG scheme and Invalidation facility
A brief idea about invalidation of EPCG scheme under GST is explained here.
EPCG scheme and Invalidation facility under GST.
As per GST Law, invalidation facility is available on EPCG schemes, but applicable GST would need to be paid while making local procurement, using an invalidation letter.Input Tax Credit (ITC) of the GST paid on such local procurement can be availed as per CGST Rules 2017. Also read DGFT Trade Notice No.11/2018 dated 30.06.2017.
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