Exporters in declining sectors may get reduced EPCG average export obligations proportionate to export decline. Regional Authorities must re-fix the annual average export obligation for EPCG authorisations for 2017-18 by reducing the obligation proportionate to sectors/product groups that experienced over a 5% decline in exports in 2017-18 versus 2016-17; the reduction must be endorsed in the concerned EPCG authorisation file and the Amendment Sheet. When assessing discharge of export obligations or issuing demand notices for shortfalls, Regional Authorities must consider prior policy circulars and include this requirement in the EODC check-sheet.
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.
Exporters in declining sectors may get reduced EPCG average export obligations proportionate to export decline.
Regional Authorities must re-fix the annual average export obligation for EPCG authorisations for 2017-18 by reducing the obligation proportionate to sectors/product groups that experienced over a 5% decline in exports in 2017-18 versus 2016-17; the reduction must be endorsed in the concerned EPCG authorisation file and the Amendment Sheet. When assessing discharge of export obligations or issuing demand notices for shortfalls, Regional Authorities must consider prior policy circulars and include this requirement in the EODC check-sheet.
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