https://www.taxtmi.com/circulars?id=67207 Regional Authorities must re-fix the Annual Average EO for EPCG Authorizations for 2022-23 by proportionately reducing the Average Export Obligation where a sector/product group recorded more than a five percent decline in exports in 2022-23 versus 2021-22; reductions must be endorsed in licence files and amendment sheets. Before issuing demand notices or EODC actions for EO shortfall, RAs must consider earlier policy circulars (para 5.11.2 HBP 2009-14 and para 5.19 HBP 2015-20) and include this requirement in the EODC check-sheet. An annex lists the affected product groups. en-us Thu, 22 Feb 2024 00:00:00 +0530 Thu, 22 Feb 2024 17:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67207 Regional Authorities must re-fix the Annual Average EO for EPCG Authorizations for 2022-23 by proportionately reducing the Average Export Obligation where a sector/product group recorded more than a five percent decline in exports in 2022-23 versus 2021-22; reductions must be endorsed in licence files and amendment sheets. Before issuing demand notices or EODC actions for EO shortfall, RAs must consider earlier policy circulars (para 5.11.2 HBP 2009-14 and para 5.19 HBP 2015-20) and include this requirement in the EODC check-sheet. An annex lists the affected product groups. Circulars DGFT Thu, 22 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67207