5.8.1
In respect of Authorisations, 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 in the following proportion:-
Period from the date of issue of Authorisation | Minimum export obligation to be fulfilled |
Block of 1st to 10th year | 50% |
Block of 11th and 12th year | 50% |