Re-fixation of Export Obligation permitted where sectoral exports declined, authorities to adjust EPCG obligations accordingly. Para 5.19 of the HBP (FTP 2015-20) allows re-fixation of Annual Average Export Obligation where a sector/product group's exports declined by more than five per cent in 2015-16 versus 2014-15; Regional Authorities must re fix EPCG annual average export obligations for 2015-16, endorse any reduction in licence files and amendment sheets, and, when discharging EO, consider prior policy circulars before issuing demand notices, with such consideration reflected in the EODC check-sheet.
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Re-fixation of Export Obligation permitted where sectoral exports declined, authorities to adjust EPCG obligations accordingly.
Para 5.19 of the HBP (FTP 2015-20) allows re-fixation of Annual Average Export Obligation where a sector/product group's exports declined by more than five per cent in 2015-16 versus 2014-15; Regional Authorities must re fix EPCG annual average export obligations for 2015-16, endorse any reduction in licence files and amendment sheets, and, when discharging EO, consider prior policy circulars before issuing demand notices, with such consideration reflected in the EODC check-sheet.
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