Export ceiling for powder milk set with earmarked allocation for EPCG licence holders and APEDA administration. A policy circular sets an export ceiling for powdered milk for the licensing year and earmarks a portion for issuance of Registration cum Allocation Certificates (RCACs) to exporters holding EPCG licences, who must meet Export Obligations by exporting powdered milk. APEDA is authorised to issue RCACs, ensure the overall ceiling is not exceeded, report exhaustion of the ceiling to the Ministry of Commerce and DGFT, and furnish monthly statements with exporter details, quantities, FOB value and destinations.
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Export ceiling for powder milk set with earmarked allocation for EPCG licence holders and APEDA administration.
A policy circular sets an export ceiling for powdered milk for the licensing year and earmarks a portion for issuance of Registration cum Allocation Certificates (RCACs) to exporters holding EPCG licences, who must meet Export Obligations by exporting powdered milk. APEDA is authorised to issue RCACs, ensure the overall ceiling is not exceeded, report exhaustion of the ceiling to the Ministry of Commerce and DGFT, and furnish monthly statements with exporter details, quantities, FOB value and destinations.
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