Delegation of Powers for the Export Oriented Units and EPZ Units

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..... and EPZ units vide Press Note No. 4 (1995 Series) dated 19-4-1995, and No. 15 (1997 Series) dated 10-11-1997 Vide Press Note dated 10-7-1998 the procedure for submission of applications had been streamlined. 2. In tune with the ongoing economic reforms, Government have deicded to delegate further powers to the Development Commissioners of EPZs as follows: Enhancement in the value of Imported .....

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..... stoms and all the premises are custom-bonded, as per rules. Revision in Export Obligation:- Development Commissioners shall have powers to revise prospectively the export obligation stipulated in the approval letters (both upward and downward) provided the revised export obligation is not below the level of minimum export obligation prescribed in the EIM Policy/general or sector specific FDI g .....

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