Export Obligation Relief: licencees may obtain proportionate reduction when sector exports suffer a significant year on year decline. Amendments permit proportionate reduction of a licencee's export obligation where a sector's exports have declined in the comparative year, by inserting a new paragraph into multiple Customs notifications; the Explanation is expanded to state that certain obligations remain over and above the licencee's average exports in the preceding three licensing years for the same or similar products. Textual substitutions also update port/location descriptors in specified conditions.
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.
Export Obligation Relief: licencees may obtain proportionate reduction when sector exports suffer a significant year on year decline.
Amendments permit proportionate reduction of a licencee's export obligation where a sector's exports have declined in the comparative year, by inserting a new paragraph into multiple Customs notifications; the Explanation is expanded to state that certain obligations remain over and above the licencee's average exports in the preceding three licensing years for the same or similar products. Textual substitutions also update port/location descriptors in specified conditions.
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