Extension in the Export Obligation period of specified Advance & EPCG Authorisations till 31.12.2021

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..... ew Delhi, Dated 23 September 2021 Subject: Extension in the Export Obligation period of specified Advance EPCG Authorisations till 31.12.2021 reg. S.O. 3945 (E): - In exercise of powers conferred by Section 5 of FT(D R) Act, 1992 , read with Paragraph 1.02 of the Foreign Trade Policy, 2015-20 , as amended from time to time, the Central Government hereby makes following amendmen .....

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..... Advance Authorisation Holder has already obtained EO extension upon the payment of composition fee, the refund of the composition fee will not be permitted. 3. The following Sub para is added after Subpara para 5.17 (e) of HBP : 5.17 (f): a. For EPCG Authorisations, where original or extended Export Obligation (EO) period is expiring during the period between 01.08.2020 and 31.07.2 .....

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..... ied by the RA at EODC/Closure/Regularisation. Authorisation Holders need not approach RA or make any application to avail this benefit. Effect of the Notification: Another option to avail extension in Export Obligation period till 31.12.2021 in case of specified Advance Authorisations and EPCG Authorisations is provided without any composition fees subject to 5% additional export obligation o .....

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