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Extension in the Export Obligation period of specified Advance & EPCG Authorisations till 31.12.2021 - 28/2015-2020 - Foreign Trade Policy

Extract

..... ral Government hereby makes following amendments in the Hand Book of the procedure 2015-20. 2. The following sub-para is added after Subpara 4.42(i) of HBP : "4.42 (j): a. For Advance Authorisations, where original or extended Export Obligation (EO) period is expiring during the period between 01.08.2020 and 31.07.2021, the Export Obligation period would be extended till 31.12.2021 without any composition fees. However this extension is subject to 5% additional export obligation in value te .....

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Extension in the Export Obligation period of specified Advance & EPCG Authorisations till 31.12.2021 - 28/2015-2020 - Foreign Trade Policy

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..... extended export obligation period. b. The option to avail EO extensions with payment of composition fees under this para (5.17(c)) would remain available for these authorisations as per eligibility. c. In cases where EPCG Authorisation Holder has already obtained EO extension upon the payment of composition fee, the refund of the composition fee will not be permitted. 4. Customs authorities shall allow export accordingly and EO fulfillment details as per the time of above provisions will be chec .....

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Extension in the Export Obligation period of specified Advance & EPCG Authorisations till 31.12.2021 - 28/2015-2020 - Foreign Trade Policy

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