| Date: |
10-09-2021
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| Notification No: |
Police Circular No. 37/2015-20-DGFT
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| Issuing Authority: |
DGFT
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| Type: |
Circular
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| File No: |
File No. 18/43/AM-21/P-5 |
| Subject: |
Relief in Average Export Obligation in terms of Para 5.19 of Hand Book of Procedures of Foreign Trade Policy, 2015-20
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Ministry of Commerce and Industry
Department of
Commerce
(Directorate General of Foreign Trade)
Udyog Bhawan, New Delhi
Web Site: http://dgft.gov.in
****
Police Circular No. 37/2015-20-DGFT
Dated 10th September, 2021
To,
All Regional Authorities of DGFT/
All Customs Authorities/
Subject: Relief in Average Export Obligation in
terms of the para 5.19 of Hand Book of Procedures (HBP) of FTP 2015-20.
The para 5.19 of the HBP of the FTP 2015-20 (extended upto 30.09.2021) envisages
that to provide relief to exporters of those sectors where total exports in that
sector/product group has declined by more than 5% as compared to the previous
year, the Average Export Obligation for the year may be reduced proportionate to
reduction in exports of that particular sector/product group during the relevant
year as against the preceding year. This implies that the sector/product group
that witnessed such decline in 2019-20 as compared to 2018-19 and 2020-21 as
compared to 2019-20 would be entitled for such relief. Accordingly, the
following lists are annexed:-
Annexure—I – A list of such product groups
showing the percentage decline in exports during 2019-20 as compared to 2018-19.
Annexure-II – A list of such product groups showing the percentage decline
in exports during 2020-21 as compared 2019-20.
2. All Regional Offices
are requested to re-fix the Annual average export obligation for EPCG
Authorizations for the years 2019-20 and 2020-21 accordingly. Reduction, if any.
in the FO should be appropriately endorsed in the licence file of the Office of
RA as also in the amendment sheet to be issued to the EPCG Authorisation holder.
3. Regional Offices while considering requests of discharge of Export
Obligation will ensure that in case of shortfall in Export Obligation
fulfilment, Policy Circulars issued earlier in terms of Para 5.11.2 of HBP
2009-14 and Para 5.19 of HBP of FTP 2015-20 are also considered before issuance
of demand notice, EODC etc. This stipulation should be part of Check-Sheet for
the purpose of EODC.
4. This issues with the approval of Director General
of Foreign Trade.
Encl: As mentioned above.
(Issued from File No. 18/43/AM-21/P-5)
(Randheep Thakur)
Joint Director General of Foreign Trade
Tel. No. +91 11
2306 1562 / Ext. 112
E-mail: randheep.thakurogov.in
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