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Average export obligation relief granted for EPCG authorizations in sectors with over 5% export decline. Where a sector or product group experienced over 5% decline in exports in 2018-19 versus 2017-18, Regional Authorities must proportionately reduce the annual average export obligation for affected EPCG Authorizations for 2018-19, record the reduction in the authorization file and Amendment Sheet, and consider applicable Handbook of Procedures policy guidance before issuing demand notices or EODCs, with such consideration reflected on 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.
Average export obligation relief granted for EPCG authorizations in sectors with over 5% export decline.
Where a sector or product group experienced over 5% decline in exports in 2018-19 versus 2017-18, Regional Authorities must proportionately reduce the annual average export obligation for affected EPCG Authorizations for 2018-19, record the reduction in the authorization file and Amendment Sheet, and consider applicable Handbook of Procedures policy guidance before issuing demand notices or EODCs, with such consideration reflected on the EODC check sheet.
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