26 September 2009
My query is- 1.In which currency the (INR or USD)export obligation is required to be completed.In EPCG licence epxort obligation in both the currency is mentioned but due to fluctuation in excahnge rate obligation in one currency is completed while in other it remains short hence which currency should be considred for redemption of export obligation.
2. Our commpany have taken around 100 licences during the period 2003-04 to 06-7 then what will be averege export obligation will be computed and monitiored.
CAclubindia
