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Date: 24-12-2010
Notification No: DGFT Policy Circular No 8(RE-2010)/2009-14
Issuing Authority: DGFT  
Type: Circular
File No: File No.1/36/218/73/AM-11/Pol.V/EPCG-I
Subject: Operationalization of provisions of Para 5.11.2. of Hnad Book of Procedure Vol.1(2009-14)

Government of India
Ministry of Commerce and Industry
Directorate General of Foreign Trade
Udyog Bhawan, New Delhi
(EPCG-I Section)

Circular No. 8/(RE-2010) 2009-14

Dated: 24-12-2010

Subject:- Operationalisation of provisions of Para 5.11.2 of Hand Book of Procedure Vol.-1 (2009-14)

Para 5.11.2 of the Hand Book of Procedure Volume -1 (HBP V-I) permits re-fixation of Annual Average Export Obligation, in case the export in any sector/ product group decline by more than 5%. This implies that for the sector/product group that witnessed such decline in 2009-10 as compared to 2008-09, would be entitled for such relief. This matter was discussed in the meeting of the Port Officers held on 3rd December, 2010 at Delhi.

2. A list of such product groups showing the percentage decline in exports during 2009-10 as compared to 2008-09 is enclosed. All RAs are requested to re-fix the annual average export obligation for EPCG Authorizations for the year 2009-10 accordingly.

This issues with the approval of DGFT.

Sd/-
(Hardeep Singh)
Jt. Director General of Foreign Trade
E-mail: hardeep.singh@nic.in
File No.1/36/218/73/AM-11/Pol.V/EPCG-I

To: All Regional Authorities/ All Customs Authorities/ FIEO/EEPCS /All concerned

       

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