Export Obligation (EO) Period and its Extension

4.22.1

Request for extension in EOP may be made in ANF 4E. RA shall grant one extension for six months from expiry date with payment of composition fee of 2% of duty saved on all unutilized imported items as per Authorisation.

Request for a further extension of six months may be considered by RA with payment of composition fee of 5% of duty based on all unutilized imported items as per Authorisation.

Facility of extension of EOP shall not be allowed in case of advance authorisation wherein import of penicillin and its salts (ITC (HS) Code No. 29411010) and 6-APA (ITC (HS) Code No. 29411 050) have been allowed as an input and also for import of spices and tea. RA shall make an endorsement in advance authorisation to this effect.

Such extensions would not be permitted in erstwhile Value Based Advance Authorisations (VABALs). Additionally, no extension in EO would be allowed in respect of Authorisations where misrepresentation / fraud has come to notice of RA. Further, in respect of Authorisations where adjudication orders have already been passed, no extension in EOP shall be admissible.

The period for discharge of export obligation against advance authorisations (erstwhile licences) issued for Export of Sugar stands automatically extended for one year (without payment of Composition Fee) w.e.f the date on which their export obligation period expires provided the export obligation period did not expire prior to 19-4-2007.

(Above last para has been added vide PN. No. 34/2007, DT.17/08/2007)