Monitoring of Export Obligation in respect of EPCG Authorizations - DGFT - 1/AM 2011

GOVERNMENT OF INDIA MINISTRY OF COMMERCE INDUSTRY DEPARTMENT OF COMMERCE OFFICE OF THE ZONAL JOINT DIRECTOR GENERAL OF FOREIGN TRADE 4th 5th floors, Shastri Bhavan (Annexe), Haddows Road , Chennai - 600006 TRADE NOTICE No.1/AM 2011 DATED 08.04.2010 Sub:- Monitoring of Export Obligation in respect of EPCG Authorizations. Attention of the Trade and Industry is invited to Para 5.9 of Handbook of Procedures, Vol.I, 2009-2014 , which stipulates that the "Authorization Holder shall submit to RA concerned by 30th April of every year, a report on fulfillment of export obligation". It is observed that the above provision has not been adhered to by the EPCG Authorization Holders and in the absence of this report, this office is not able to monitor the fulfillment of export obligation by the EPCG Authorization Holders effectively. Hence, it has been decided to scrupulously follow this provision henceforth and EPCG Authorization Holders, who have been issued EPCG Licences/Authorizations from 01.04.2001 to 31.3.2009 are required to forward this mandatory report on fulfillment of export obligation to this office in the format given below:- Sl.No. File Number EPCG Licence/Authorization Number Date Export obligation stipulated Export obligation fulfilled EO done towards fulfillment of Annual Average up to 31.3.2009 Rupees USD Rupees USD All EPCG Authorization Holders are required to file this report latest by 30.04.2010 and failure to comply may invite appropriate action which may include denial of further Authorizations. Trade and Industry is requested to kindly comply. (Issued from F.No. Policy/1/AM2011/Chennai/Trade Notice) (R. MUTHURAJ) Joint Director General of Foreign Trade For Zonal Joint Director General of Foreign Trade