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of <h1>DGFT Amends Handbook: Automatic 10% Duty Enhancement, Export Obligation Increase for Excess Imports under FTP 2015-20.</h1> The public notice issued by the Directorate General of Foreign Trade amends Paragraph 5.16(a) of the Handbook of Procedures under the Foreign Trade Policy 2015-20. It allows for an automatic enhancement of up to 10% in the duty saved amount and a corresponding increase in export obligation if imports exceed the authorized duty saved amount by this margin. The amendment permits the authorization holder to pay an additional fee for excess imports within one month or up to two years with a composition fee. This grants the Regional Authority the power to condone delays in fee payment for excess duty utilization.
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