EPCG -Export obligation norms & Exim Policy -Heading of Chapter 4 corrected
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Export obligation amendments revise export import policy to correct headings, remove classifications and adjust duty/obligation norms.
Amendment to the Export and Import Policy, 1997-2002 corrects chapter heading, deletes specified HS classification references, revises the table linking customs duty rates to export obligation periods on FOB and NFE bases, and removes the word "average" from paragraph 7.4A, while specifying sectoral eligibility for zero-duty treatment subject to qualifying CIF thresholds.