EPCG export credits exclusion: unredeemed exports cannot be counted toward average export performance for later authorizations. Specifies that unredeemed exports made against an EPCG licence/authorization shall not be added for calculating average export performance for the purpose of subsequent EPCG authorization; the amendment to the Handbook of Procedures is issued under paragraph 2.4 of the Foreign Trade Policy and applies to EPCG licences issued on or after the effective date specified in the notice.
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Provisions expressly mentioned in the judgment/order text.
EPCG export credits exclusion: unredeemed exports cannot be counted toward average export performance for later authorizations.
Specifies that unredeemed exports made against an EPCG licence/authorization shall not be added for calculating average export performance for the purpose of subsequent EPCG authorization; the amendment to the Handbook of Procedures is issued under paragraph 2.4 of the Foreign Trade Policy and applies to EPCG licences issued on or after the effective date specified in the notice.
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