https://www.taxtmi.com/circulars?id=7926 The amendment allows proportional reduction of average export obligation for exporters in sectors/product groups whose exports decline relative to the previous year; if decline is continuous, the base year for eligibility and reduction calculation becomes the year after the onset of continuous decline. DGFT will notify eligible sectors to Regional Authorities within seven months of the financial year end, and Regional Authorities shall re-fix the annual average export obligation for the previous year for exporters in those sectors. en-us Thu, 21 Jan 2010 00:00:00 +0530 Mon, 25 Jan 2010 14:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7926 The amendment allows proportional reduction of average export obligation for exporters in sectors/product groups whose exports decline relative to the previous year; if decline is continuous, the base year for eligibility and reduction calculation becomes the year after the onset of continuous decline. DGFT will notify eligible sectors to Regional Authorities within seven months of the financial year end, and Regional Authorities shall re-fix the annual average export obligation for the previous year for exporters in those sectors. Circulars DGFT Thu, 21 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7926