EPCG License Amendments: RLAs/ZLAs Can Approve Minor Changes and Extend Export Obligation Period per Handbook Guidelines.

The circular from the Directorate General of Foreign Trade addresses amendments to EPCG licenses. It highlights that minor amendments, such as changes in model or specifications without altering quantity or value, can be made by Regional or Zonal Licensing Authorities (RLAs/ZLAs) without referring to the Headquarters EPCG Committee. Additionally, RLAs/ZLAs can amend quantities with increased value within their financial authority and consider requests for extending the Export Obligation Period as per the Handbook guidelines. This aims to prevent delays in importing or clearing capital goods. The directive is approved by the Directorate General of Foreign Trade.

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