Export ban extension: EPCG obligation periods automatically extended without composition fee during restriction period. Where a ban or restriction is imposed on export of any product, the export obligation period for EPCG authorizations issued prior to the ban is automatically extended by a period equal to the duration of the ban or restriction; the extension is automatic, no composition fee is payable, and exporters are not required to fulfill the average export obligation for the ban or restriction period.
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Export ban extension: EPCG obligation periods automatically extended without composition fee during restriction period.
Where a ban or restriction is imposed on export of any product, the export obligation period for EPCG authorizations issued prior to the ban is automatically extended by a period equal to the duration of the ban or restriction; the extension is automatic, no composition fee is payable, and exporters are not required to fulfill the average export obligation for the ban or restriction period.
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