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of <h1>India Extends Export Obligation Deadline for Advance and EPCG Authorisations to Dec 31, 2021, Without Fees.</h1> The Government of India has extended the Export Obligation (EO) period for specified Advance and EPCG Authorisations until December 31, 2021, without requiring composition fees. This extension applies to authorisations with EO periods expiring between August 1, 2020, and July 31, 2021, and is subject to a 5% additional export obligation in value terms on the remaining balance. Authorisation holders who have already paid composition fees for extensions will not receive refunds. Customs authorities will verify EO fulfillment, and authorisation holders do not need to apply for this benefit. This option supplements existing EO extension facilities under the Foreign Trade Policy.
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