Modes of meeting export obligation

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Yogesh Jimudia

Yogesh Jimudia (Querist)
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22 January 2014 Dear, Please let me know which modes og meeting Export obligation. Regards

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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22 January 2014 For Zero Duty EPCG Scheme
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Period from the date of Minimum export
issue of Authorization

minimum EO to fulfilled
Block of 1th and 4th year---50%
Block of 5th and 6th year----50%

For concessional 3% duty EPCG Scheme
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Block of 1st to 6th year---50%
Block of 7THt to 8th year---50%

In respect of Authorizations, on which the value of duty saved
is Rs.100 crore or more , the export obligation shall be fulfilled
over a period of 12 years (not applicable to zero duty EPCG
scheme) in the following proportion:-

AS PER PARA 5.8.1 OF HBP
Block of 1st to 10th year---50%
Block of 11TH to 12th year--50%

AS PER PARA 5.8.2 OF HBP
"However, the export obligation of a particular block of year may be set off by the excess exports made in the preceding
block year. The Authorization holder would intimate the regional authority on the fulfillment of the export obligation, as well as average exports, within three months of completion of the block, by secured electronic filing using digital signatures."