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Amendments in Chapter 5 of the Handbook of Procedures, 2015-20-One time relaxation from maintenance of Average Export Obligation and extension in Export obligation period for specified EPCG Authorisations - DGFT - 53/2015-2020

Extract

..... om time to time, the Director General of Foreign Trade hereby makes the following amendments in the Handbook of Procedures (2015-20) :- 1. The following sub-para is added after para 5.13(c) of Handbook of Procedures :- "5.13(d): For the years 2020-21 and 2021-22. no Average Export Obligation is required to be maintained for EPCG authorizations issued for Hotel, Healthcare and Educational sectors " 2. The following sub-paras are added after para 5.17(f) of Handbook of Procedures :- &quo .....

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Amendments in Chapter 5 of the Handbook of Procedures, 2015-20-One time relaxation from maintenance of Average Export Obligation and extension in Export obligation period for specified EPCG Authorisations - DGFT

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..... riod of an authorisation falls within 01.02.2020 and 31.07.2021. Such EO extension may be granted without payment of composition fees. However, this extension is subject to 5% additional export obligation in value terms (in free Foreign Exchange) on the balance Export obligation as on 31.03.2022. ii) The option to avail EO extension with payment of composition fees under the para 5.17(c) would remain available for these authorizations as per eligibility. iii) In case where EPCG authorisation hol .....

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Amendments in Chapter 5 of the Handbook of Procedures, 2015-20-One time relaxation from maintenance of Average Export Obligation and extension in Export obligation period for specified EPCG Authorisations - DGFT

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