Re fixation of Annual Average Export Obligation permitted where exports decline; Regional Offices must adjust EPCG authorizations and record amendments. Para 5.11.2 permits re fixation of the Annual Average Export Obligation where a sector or product group shows more than a 5% decline; the circular lists product groups declining in 2010 11 and directs Regional Offices to re fix EPCG Annual Average Export Obligations for 2010 11, record any reductions on licence files and amendment sheets, and to consider these Policy Circular concessions before issuing demand notices and in the EODC check sheet.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Re fixation of Annual Average Export Obligation permitted where exports decline; Regional Offices must adjust EPCG authorizations and record amendments.
Para 5.11.2 permits re fixation of the Annual Average Export Obligation where a sector or product group shows more than a 5% decline; the circular lists product groups declining in 2010 11 and directs Regional Offices to re fix EPCG Annual Average Export Obligations for 2010 11, record any reductions on licence files and amendment sheets, and to consider these Policy Circular concessions before issuing demand notices and in the EODC check sheet.
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