5.18.4

On clubbing, the Authorisations for all purposes shall be deemed to be a single EPCG Authorisation issued under the said Customs Notification and the export obligation period for the clubbed Authorisation shall be reckoned from the date of issuance of the first Authorisation. However, in cases where the clubbed CIF/duty saved value exceeds Rs 100 crore, no corresponding benefit of increase in export obligation period shall be admissible.