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    <title>Amendments in Para 4.42 of the Handbook of Procedures 2015-2020</title>
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    <description>Para 4.42 is amended to replace ad valorem monthly composition fees with prescribed fixed composition-fee slabs for extensions of Export Obligation periods under Advance Authorisations; RAs may grant one six month extension on payment of the prescribed fee and self declaration of unutilised inputs, a second six month extension is permissible on payment of higher prescribed fees with the same self declaration, only two such extensions (maximum 12 months beyond EO expiry) are allowed, bans automatically extend EO without fee, and the new fee regime applies to requests made on or after 19.01.2023 while pending matters follow earlier rules.</description>
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      <description>Para 4.42 is amended to replace ad valorem monthly composition fees with prescribed fixed composition-fee slabs for extensions of Export Obligation periods under Advance Authorisations; RAs may grant one six month extension on payment of the prescribed fee and self declaration of unutilised inputs, a second six month extension is permissible on payment of higher prescribed fees with the same self declaration, only two such extensions (maximum 12 months beyond EO expiry) are allowed, bans automatically extend EO without fee, and the new fee regime applies to requests made on or after 19.01.2023 while pending matters follow earlier rules.</description>
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