https://www.taxtmi.com/circulars?id=53510 Corrections limit clubbing of authorisations to exports made up to thirty months from the earliest authorisation and prescribe a composition fee regime for exports after the initial obligation period, including a monthly charge for later months. The same rules apply when eighteen month and thirty six month authorisations are clubbed. For export obligation extensions, a second six month extension requires at least fifty percent fulfilment of the obligation on a pro rata basis, payment of a monthly composition fee on unfulfilled FOB value, a CA/CE certificate confirming available inputs, and no extensions beyond twelve months past the EO expiry. en-us Tue, 09 Jun 2015 00:00:00 +0530 Wed, 10 Jun 2015 11:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53510 Corrections limit clubbing of authorisations to exports made up to thirty months from the earliest authorisation and prescribe a composition fee regime for exports after the initial obligation period, including a monthly charge for later months. The same rules apply when eighteen month and thirty six month authorisations are clubbed. For export obligation extensions, a second six month extension requires at least fifty percent fulfilment of the obligation on a pro rata basis, payment of a monthly composition fee on unfulfilled FOB value, a CA/CE certificate confirming available inputs, and no extensions beyond twelve months past the EO expiry. Circulars DGFT Tue, 09 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53510