TMI BlogOnetime condonation of time period in respect of obtaining block-wise extension in Export Obligation period under EPCG SchemeX X X X Extracts X X X X X X X X Extracts X X X X ..... e 25 th October, 2017 Subject: Onetime condonation of time period in respect of obtaining block-wise extension in Export Obligation period under EPCG Scheme. In exercise of powers conferred under Paragraph 2.04 read with Paragraph 2.58 of FTP 2015-20 , the Director General of Foreign Trade in Public interest hereby makes the following one time relaxations in procedures in respect of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... R) proportionate to duty saved amount on total unfulfilled EO of the first block 3. The Para 5.14 (d) of the Handbook of Procedures 2015-20 specifies the governance of the relevant provisions for block-wise Export Obligation in respect of EPCG authorizations issued between 1 st April 2002 and 18.04.2013 4 In view of the time limit of 3 months prescribed in the relevant provisions, duri ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ularize the block-wise EO period. Therefore, as a onetime measure in relaxation of procedure, it has been decided that the RAs concerned may consider the requests for block-wise Export Obligation period extension for the requests already submitted but submitted beyond the time on payment of additional composition fee of ₹ 5000/- in addition to payment of regular composition fee as applicable ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... k Vardhan Chaturvedi) Director General of Foreign Trade (Issue from F. No. 18/42/AM-18/P-5) ************** NOTES:- 1. Substituted vide PUBLIC NOTICE No. 01/2015-20 dated 07-04-2020 before it was read as 31.03.2018 - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement - taxmanage ..... X X X X Extracts X X X X X X X X Extracts X X X X
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