https://www.taxtmi.com/news?id=26112 One-time procedural relaxations to the EPCG Scheme exempt Hotel, Healthcare and Educational sectors from maintaining the average export obligation for the pandemic period and permit extension of the export obligation period without composition fees. For other sectors, extensions are permitted without composition fees but with a 5% additional export obligation on the balance obligation as of the prescribed cut-off. These measures adjust compliance timing and impose a supplemental obligation for non-priority sectors while preserving the scheme's duty-free import purpose. en-us Sat, 21 Jan 2023 13:23:53 +0530 Sat, 21 Jan 2023 13:23:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26112 One-time procedural relaxations to the EPCG Scheme exempt Hotel, Healthcare and Educational sectors from maintaining the average export obligation for the pandemic period and permit extension of the export obligation period without composition fees. For other sectors, extensions are permitted without composition fees but with a 5% additional export obligation on the balance obligation as of the prescribed cut-off. These measures adjust compliance timing and impose a supplemental obligation for non-priority sectors while preserving the scheme's duty-free import purpose. News - Sat, 21 Jan 2023 13:23:53 +0530 https://www.taxtmi.com/news?id=26112