WebNov 28, 2024 · The total export obligation period for the selected EPCG scheme is not extended. For example, you create an EPCG incentive scheme that has two blocks. The total period for the incentive scheme is eight years. The original period for Block 1 is five years, followed by Block 2 for three more years. When you extend Block 1 to six years, … WebExport Obligation Period (EOP) beyond initial period expiry of EO - Special Relaxation 15: Removal of IEC from Denied Entity List (DEL) from RLA (Local DGFT) 16: 2nd (Second) AA Export Obligation Period (EOP) Extension (Special Relaxation) Our Suggestion. 1: Always better to Export first and then go for proportionate Import to avoid excess ...
How do you calculate average export obligation under EPCG?
WebJun 11, 2024 · A candidate can request an extension for the export obligation period up to two times. There are two extensions, each of which can be extended for up to six … WebApr 12, 2024 · Export obligation period for export items falling in the category of defence, military store, aerospace and nuclear energy shall be 24 months from the date of issue of … oakford firearms
EPCG Scheme : All You Need To Know About Export …
WebAug 28, 2024 · What is the export obligation for EPCG license? The exporter has to export goods worth 6 times the duty saved value in a period of 6 years. This is to be … WebSep 24, 2024 · a) For Advance Authorisations, where original or extended Export Obligation (EO) period is expiring during the period between 01.08.2024 and 31.07.2024, the Export Obligation period would be extended till 31.12.2024 without any composition fees. However this extension is subject to 5% additional export obligation in value … Web— If the export obligation period or extension in export obligation period is availed and it is expiring duringthe period from 01.02.2024 and 31.07.2024, such period is deemed to be automatically extended by a further period of . six month from the date of such expiry. oakford gas storage