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Re-fixation of export obligation allowed after sectoral export decline; regional offices must consider policy circulars pre-demand notice. Para 5.11.2 permits re-fixation of the Annual Average Export Obligation when a sector or product group records a qualifying decline in exports; DGFT has issued successive policy circulars applying this relief, and Regional Authorities must consider those circulars before issuing demand notices and include the requirement in the EODC check-sheet.
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Re-fixation of export obligation allowed after sectoral export decline; regional offices must consider policy circulars pre-demand notice.
Para 5.11.2 permits re-fixation of the Annual Average Export Obligation when a sector or product group records a qualifying decline in exports; DGFT has issued successive policy circulars applying this relief, and Regional Authorities must consider those circulars before issuing demand notices and include the requirement in the EODC check-sheet.
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