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Government of India
Ministry of Commerce and Industry
Department of
Commerce
Directorate General of Foreign Trade
Udyog Bhawan
Public
Notice No. 36/2015-20
New Delhi, Dated the 25th October, 2017
Sub: – Onetime condonation of time period in respect of obtaining extension
in Export Obligation period under EPCG Scheme.
In exercise of powers conferred under Paragraph 2.04 read with Paragraph 2.58
of FTP 2015-20, the Director General of Foreign Trade in Public interest hereby
makes the following one time relaxations in procedures in respect of obtaining
extension in Export Obligation under EPCG Scheme.
1. As per Para 5.17 (a) of the Hand book of Procedures 2015-2020 “extension
in Export Obligation Period of EPCG authorization issued prior to Notification
of FTP 2015-20 shall be governed by relevant provisions of HBP Vol 1 applicable
on the date of issue of authorization”.
2. As per Para 5.17 (c) of the
Handbook of procedures 2015-20 “request for extension in Export Obligation
Period shall be made to RA within 75 days from the date of expiry of original EO
Period”.
3. Where the requests for extension in Export Obligation Period
(EOP) are received beyond the prescribed time period, the RAs are not able to
consider such requests. Many a times, such requests are for regularization of
exports already done. A large number of requests for condonation of this period
of non-submission within the prescribed time period for obtaining extension in
EO Period are received in the DGFT for relaxation. This has caused hardship and
delay in closure of the EPCG authorizations. Hence, as a onetime measure in
relaxation of procedure, it has been decided that the RAs may consider requests
for obtaining extension in Export Obligation period, where requests are received
as per the prescribed procedure but have not been considered due to the
non-submission within the prescribed period, on payment of additional
composition fee of ₹ 5000/- per authorization. Under the facility RAs may also
consider the requests that may be received upto 31.03.2018. The EOP extension
would be granted as per the relevant provisions of HBP applicable on the date of
issue of authorization in continuation of the original/extended expiry period,
and would be subject to fulfillment of all other relevant conditions of the FTP
and HBP.
4. This facility would not be available in the following cases:
i. Where the EPCG authorization is under investigation/ adjudicated by RA/
customs authority/any other investigating agency.
ii. Where the EPCG
committee has rejected such extension requests.
iii. The EPCG
authorizations issued prior to 1st September, 2004.
iv. Where the
installation certificate has not been submitted.
Effect of the Public
Notice: Onetime relaxation for condonation of delay in submission of request for
obtaining extension in Export Obligation period under EPCG is being provided.
(Alok Vardhan Chaturvedi)
Director General of Foreign Trade
(Issue from
F. No. 18/42/AM-18/P-5)
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