Export obligation monitoring requires licence-holders to file periodic progress reports and authorities to submit consolidated monthly statements. RLAs must follow Handbook procedures to monitor export obligation under EPCG licences (applicable to licences issued on or after 5 June 1995). Licence-holders under 15%/10% EPCG must submit annual progress reports within three months from each year's expiry starting the second year; Zero Duty EPCG holders must submit reports within three months from each block's expiry starting the second block. After scrutiny RLAs notify customs on EO fulfilment and send consolidated monthly statements to DGFT with licence, CIF, EO and sectorwise details.
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.
Export obligation monitoring requires licence-holders to file periodic progress reports and authorities to submit consolidated monthly statements.
RLAs must follow Handbook procedures to monitor export obligation under EPCG licences (applicable to licences issued on or after 5 June 1995). Licence-holders under 15%/10% EPCG must submit annual progress reports within three months from each year's expiry starting the second year; Zero Duty EPCG holders must submit reports within three months from each block's expiry starting the second block. After scrutiny RLAs notify customs on EO fulfilment and send consolidated monthly statements to DGFT with licence, CIF, EO and sectorwise details.
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