Circular No. ES/ 206 /2017-18 October 31, 2017
To: Members of the Council
Sub: Onetime condonation of time period in respect of obtaining extension in Export Obligation period under EPCG Scheme
DGFT has issued Public Notice No.36/2015-2020 dated 25.10.2017 informing about following one time relaxations in procedures in respect of obtaining block-wise extension in Export Obligation period under EPCG scheme.
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”.
Further, 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”.
It may be informed that where the requests for extension in Export Obligation Period (EOP) are received beyond the prescribed time period, the Regional Authorities (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 –
This facility would not be available in the following cases:
Members may kindly make a note of the above instructions.