Ban/restriction is imposed on export of any product, export obligation period in respect of EPCG authorizations - DGFT - 67 (RE-2008)/2004-09

Ban/restriction is imposed on export of any product, export obligation period in respect of EPCG authorizations PUBLIC NOTICE NO. 67 (RE-2008)/2004-09 NEW DELHI: the 20th August, 2008 In exercise of powers conferred under para 2.4 of the Foreign Trade Policy, 2004-09 , the Director General of Foreign Trade hereby makes the following amendments in the Handbook of Procedures (Vol.I) (RE-2008) : 1. The following paragraph added after paragraph 5.11.3 vide Public Notice No.26(RE-2008)/2004-2009 Dated 3rd June 2008 stands amended to read as under: "Whenever a ban/restriction is imposed on export of any product, export obligation period in respect of EPCG authorizations already issued prior to imposition of ban/restriction of such export products, would stand automatically extended for a period equivalent to the duration of ban/restriction, without any composition fee and exporter would not be required to fulfill average E.O. as well, for the ban/restriction period". This issues in public interest. Sd/- (R.S.Gujral) Director General of Foreign Trade And Ex-Officio additional Secretary to the Govt. of India (F.No.01/36/218/26/AM09/Pol. V /EPCG.I)