Reduction of Export Obligation: EPCG holders receive proportional relief where sector exports declined, and RAs must re-fix obligations. Implements relief under Para 5.11.2 of the Handbook of Procedure (2009-14) allowing EPCG Authorization holders in sectors/product groups with a measured export decline in 2008-09 to receive proportional reduction in their Annual Average Export Obligation for 2008-09; a list of affected product groups with percentage declines is enclosed and Regional Authorities are directed to re-fix obligations accordingly.
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.
Reduction of Export Obligation: EPCG holders receive proportional relief where sector exports declined, and RAs must re-fix obligations.
Implements relief under Para 5.11.2 of the Handbook of Procedure (2009-14) allowing EPCG Authorization holders in sectors/product groups with a measured export decline in 2008-09 to receive proportional reduction in their Annual Average Export Obligation for 2008-09; a list of affected product groups with percentage declines is enclosed and Regional Authorities are directed to re-fix obligations accordingly.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.