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Epcg license export obligation

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(Querist)
20 September 2016 At the time of importing capital goods under EPCG scheme we are executing the bond for 110% of duty saved value as per license.

From the above, in that 110% value we are used 80% value of duty saved only... then what is the Export Obligation.

as per my opinion EO is 6 times value of 80% duty saved is correct ? Please clarify me.
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Dr.RAMAKRISHNA. C

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Dr.RAMAKRISHNA. C (Expert)
20 September 2016 Dear Naresh,you are correct.

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