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Corporate Laws Central Ministry of Commerce and Industry Foreign Trade Policy, 2015-2020

Relief in Average Export Obligation in terms of the para 5.19 of Hand Book of Procedures (HBP) of FTP 2015-20

17-Nov-2022 | Policy Circular No. 44/2015-20

DGFT has informed all the Regional Offices to re-fix the Annual average export obligation for EPCG Authorizations for the year 2021-22 and reduction, if any, in the EO should be appropriately endorsed in the license file of the Office of RA as also in the amendment sheet to be issued to the EPCG Authorisation holder.

Also, the Regional Offices while considering requests of discharge of Export Obligation will ensure that in case of shortfall in Export Obligation fulfillment, Policy Circulars issued earlier in terms of Para 5.11.2 of HBP 2009-14 and Para 5.19 of HBP of FTP 2015-20 are also considered before issuance of demand notice, EODC etc.

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