Amendments in the Hand Book of Procedure (Vol.1), 2004-2009

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..... f Procedures (v1): 1. Paragraph 5.3.1 stands replaced by the following clause: 5.3.1 RA concerned shall, on the basis of nexus certificate from an Independent Chartered Engineer (CEC) submitted by the applicant in Appendix 32A, issue EPCG authorisation and thereafter forward a copy of the EPCG authorisation to the concerned Jurisdictional Central Excise Authority. 2. Paragraph 5.3.2 amended vid .....

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..... lated to "Fulfillment of Export Obligation" stands amended as follows: 5.8 The Authorisation holder under the EPCG scheme shall fulfill the export obligation over the specified period in the following proportions: Period from the date of issue of Authorisation Minimum export obligation to be fulfilled Block of 1st to 6th year 50% Block of 7th and 8th year 50% 3. Paragraph 5.8.1 stands amen .....

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..... ragraph 5.8.3 stands amended as follows:- 5.8.3 Where export obligation of any particular block of years is not fulfilled in terms of the above proportions, except in such cases where the export obligation prescribed for a particular block of year is extended by the competent authority, such Authorisation holder shall, within 3 months from the expiry of the block of years, pay duties of customs ( .....

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