Re-fixation of Annual Average Export Obligation allowed where sectoral exports decline; EPCG obligations to be adjusted accordingly. Para 5.11.2 permits re-fixation of the Annual Average Export Obligation where a sector or product group's exports decline by more than five percent. The circular provides an annexure listing product groups that declined in 2009-10 versus 2008-09 and directs Regional Authorities and Customs to re-fix annual average export obligations for EPCG authorisations for 2009-10 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.
Re-fixation of Annual Average Export Obligation allowed where sectoral exports decline; EPCG obligations to be adjusted accordingly.
Para 5.11.2 permits re-fixation of the Annual Average Export Obligation where a sector or product group's exports decline by more than five percent. The circular provides an annexure listing product groups that declined in 2009-10 versus 2008-09 and directs Regional Authorities and Customs to re-fix annual average export obligations for EPCG authorisations for 2009-10 accordingly.
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