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Export Obligation

kamal chordia

If import of spares parts made under  EPCG Licence during  2009-10 and 2010-11 (18 Month). But export obligation is already fulfilled in the year  2009-10.

Should party required to maintained the average for the year 2010-11 also.

If no, related notification etc.

 

thanks

Kamal

Clarification Sought on Maintaining Average Export Obligations for 2010-11 Under EPCG Licence After 2009-10 Fulfillment A query was raised regarding the requirement to maintain average export obligations for the year 2010-11 after fulfilling the export obligation in 2009-10 under an EPCG Licence for importing spare parts in 2009-10 and 2010-11. The individual sought clarification on whether maintaining the average for 2010-11 was necessary and requested related notifications. A respondent asked if the issue had been clarified and requested further information if it had not been resolved. (AI Summary)
Customs - Exim - SEZ
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