Eximkey India DGFT, Customs, Excise, Export Import policy, Foreign Trade Policy and export import data.

DGFT Hand Book of Procedures Foreign Trade Procedure (upto 07/04/2006) Para 5.10.1

Automatic Reduction/ Enhancement upto 10% of CIF value and Prorata Reduction/ Enhancement in Export Obligation 5.10.1

Similarly, if the EPCG licence holder has utilised the licence less than the value earmarked in the licence, his export obligation shall stand reduced on prorata basis with reference to actual utilisation of licence.

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