Export obligation under EPCG scheme: phased multi year discharge, revised minimum CIF thresholds and utilisation adjustment. Amendments require licences in specified manufacturing and primary production sectors with CIF value between One Crore and Twenty Crores to discharge export obligation over six years with block proportions of 15%, 35% and 50%; software sector licences between Ten lakhs and Twenty Crores follow the same six year, phased proportions. Minimum import values including spares are set at One Crore for listed sectors and Ten lakhs for software. Actual licence utilisation beyond ten percent is deemed to adjust CIF value and corresponding export obligation proportionately. A policy cross reference is expanded to include an additional sub clause.
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Provisions expressly mentioned in the judgment/order text.
Export obligation under EPCG scheme: phased multi year discharge, revised minimum CIF thresholds and utilisation adjustment.
Amendments require licences in specified manufacturing and primary production sectors with CIF value between One Crore and Twenty Crores to discharge export obligation over six years with block proportions of 15%, 35% and 50%; software sector licences between Ten lakhs and Twenty Crores follow the same six year, phased proportions. Minimum import values including spares are set at One Crore for listed sectors and Ten lakhs for software. Actual licence utilisation beyond ten percent is deemed to adjust CIF value and corresponding export obligation proportionately. A policy cross reference is expanded to include an additional sub clause.
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