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of <h1>India's Commerce Department Enforces Annual Report Submission for EPCG Holders; Deadline Set for July 29, 2011.</h1> The Department of Commerce in India mandates that EPCG Authorization Holders must submit an annual report on export obligation fulfillment by April 30 each year, as per the Handbook of Procedures. Non-compliance has hindered monitoring efforts, prompting a strict enforcement of this requirement for licenses issued between April 1, 2010, and March 31, 2011. Reports must be submitted by July 29, 2011, or further authorizations may be denied. Additionally, licensees must file an installation certificate within six months of import completion. Compliance with these requirements is urged to avoid penalties.
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