Monitoring of export obligation under EPCG scheme

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Full Text of the Document

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.... to paragraph 6.13 of Handbook of Procedures (Vol.1). It has been represented to this Directorate that there is no uniform practice with regard to the adoption of the exchange rate which should be taken into account while ascertaining whether the EPCG holder has fulfilled the export obligation under the EPCG scheme. Moreover, the adoption of exchange rate available on the date of export leads to p....