Circular No. ES/CIR/106/2022-23 26th November, 2022
To: Members of the Council
Sub : Relief in Average Export Obligation in terms of the Para 5.19 of Hand Book of Procedures (HBP) of FTP 2015-20
DGFT has issued Policy Circular No.44/2015-20 dated 17/11/2022 to provide relief in the Average Export Obligation under the EPCG scheme for those products that has witnessed a decline in exports in 2021-22 as compared to 2020-21. A list of such products have been attached alongwith the Circular (click to download).
The Regional offices of DGFT will re-fix the Annual Average Export Obligations accordingly for EPCG Authorizations for the year 2021-22.
A copy of the Policy Circular No.44/2015-20 dated 17/11/2022 is enclosed herewith (click to download).
You are requested to please take a note of the above and do the needful..
Encl: Policy Circular No.44/2015-20 (click to download)