Export Obligation under EPCG: rupee term payments for specified services now count toward discharge under amended Appendix. Paragraph 5.04(h) of the Foreign Trade Policy 2015-2020 is amended to state that payment received in rupee terms for services notified in Appendix 5D shall be counted towards discharge of export obligation under the EPCG scheme; a new Appendix 5D lists the services whose rupee receipts qualify for fulfilment of the export obligation.
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Provisions expressly mentioned in the judgment/order text.
Export Obligation under EPCG: rupee term payments for specified services now count toward discharge under amended Appendix.
Paragraph 5.04(h) of the Foreign Trade Policy 2015-2020 is amended to state that payment received in rupee terms for services notified in Appendix 5D shall be counted towards discharge of export obligation under the EPCG scheme; a new Appendix 5D lists the services whose rupee receipts qualify for fulfilment of the export obligation.
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