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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Understanding Annual Average Export Obligation Calculation in EPCG Scheme, Foreign Trade Policy 2015-2020, for Different Applicant Tenures.</h1> The computation of the Annual Average Export Obligation under the EPCG Scheme, as outlined in the Foreign Trade Policy 2015-2020, involves determining the average export obligation for EPCG authorizations issued within a licensing year. For applicants existing for more than three years, the average is calculated by aggregating exports from the past three years and dividing by three. If the applicant has existed for less than three years, the denominator is the number of years of existence. This calculation excludes exports counted for fulfilling specific export obligations within the valid period of EPCG authorizations.
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