https://www.taxtmi.com/circulars?id=65068 Reduction of the Average Export Obligation is authorised for EPCG authorisations where a sector/product group experienced over five percent decline in exports year on year; annexures list affected product groups for the two comparative year pairs. Regional Authorities must re fix annual EO for the affected years, endorse reductions in licence files and issue amendment sheets. Regional Offices must consider prior policy circulars on EO shortfalls before issuing demand notices or EODC and include this stipulation in the EODC check sheet. en-us Fri, 10 Sep 2021 00:00:00 +0530 Mon, 20 Sep 2021 10:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=65068 Reduction of the Average Export Obligation is authorised for EPCG authorisations where a sector/product group experienced over five percent decline in exports year on year; annexures list affected product groups for the two comparative year pairs. Regional Authorities must re fix annual EO for the affected years, endorse reductions in licence files and issue amendment sheets. Regional Offices must consider prior policy circulars on EO shortfalls before issuing demand notices or EODC and include this stipulation in the EODC check sheet. Circulars DGFT Fri, 10 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/circulars?id=65068