https://www.taxtmi.com/forum/issue?id=111364 Failure to maintain the average export obligation under an EPCG authorisation may require repayment of the duty saved, plus interest and penalties. Block wise fulfilment (50% in first block, balance later) applies to specific export obligations only; the annual average fixed by DGFT must be met year on year. Remedies include refixation of the annual average via CA certificate where prior EPCG exports were wrongly counted, seeking relief for sectoral export decline, and representations to the Regional Authority/DGFT. en-us Thu, 12 Jan 2017 18:51:16 +0530 Thu, 23 Jan 2025 15:56:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111364 Failure to maintain the average export obligation under an EPCG authorisation may require repayment of the duty saved, plus interest and penalties. Block wise fulfilment (50% in first block, balance later) applies to specific export obligations only; the annual average fixed by DGFT must be met year on year. Remedies include refixation of the annual average via CA certificate where prior EPCG exports were wrongly counted, seeking relief for sectoral export decline, and representations to the Regional Authority/DGFT. Discussion-Forum Indian Laws Thu, 12 Jan 2017 18:51:16 +0530 https://www.taxtmi.com/forum/issue?id=111364