Clarification regarding extension of Export Obligation Period (EOP) against Advance Authorisation -regarding. - DGFT - 80 (RE-2008)/2004-2009

Clarification regarding extension of Export Obligation Period (EOP) against Advance Authorisation -regarding. Government of India Ministry of Commerce and Industry Directorate General of Foreign Trade Udyog Bhawan, New Delhi POLICY CIRCULAR No. 80 (RE-2008)/2004-2009 Dated: 13th April, 2009 To All Regional Authorities; All Commissioners of Customs; Exporting Community. Sub: Clarification regarding extension of Export Obligation Period (EOP) against Advance Authorisation -regarding. Attention is invited to Public Notice No. 151 dated 26th February, 2009 , wherein original Export Obligation Period (EOP) under the Advance Authorisation Scheme was increased to 36 months from the earlier original EOP of 24 months. Now representations have been received from the Trade Industry and the Regional Authorities as to whether the facility shall be available only for the authorisations being issued from 26th of February, 2009 onwards or for the authorisations issued prior to this date also. 2. Matter has been examined in details. It is clarified that the facility shall be available to all advance authorisations which are within 36 months from the date of issuance of the authorisation, as on 26th February 2009 or thereafter. However in cases wherein composition fee has already been deposited to Regional Authorities prior to 26th February, 2009 for EOP extension in terms of earlier provision of paragraph 4.22 related to EOP extension, no refund of the composition fee so deposited shall be allowed. 3. It is also clarified that the applicant shall be required to file their request on plain paper, without the need for any application in any specified format, or any composition fee, to the Regional Authority concerned for extension in EOP to 36 months in all such cases. For authorisation issued from 26th February onwards, 36 months Original EOP endorsement on the Advance Authorisation shall be automatic. This issues with the approval of the Competent Authority. Sd/- (Tapan Mazumder) Jt.. Director General of Foreign Trade Tel: 011-2306 1050 E-mail: [email protected] (F.No. 01/94/180/09-10)/AA-EOP/AM 09/PC 4)