Annual Average Export Obligation: excess exports may offset shortfalls if overall Average EO is maintained within the EO period. Excess exports under an EPCG authorization in one year may be used to offset shortfalls in Average Export Obligation in other year(s) provided the Average EO is maintained on an overall basis within the applicable EO period or block period; para 5.19A is inserted to this effect in the Handbook of Procedures, 2015-20.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Annual Average Export Obligation: excess exports may offset shortfalls if overall Average EO is maintained within the EO period.
Excess exports under an EPCG authorization in one year may be used to offset shortfalls in Average Export Obligation in other year(s) provided the Average EO is maintained on an overall basis within the applicable EO period or block period; para 5.19A is inserted to this effect in the Handbook of Procedures, 2015-20.
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