Refixation of Export Obligation upon conversion from CIF based to duty based EO

5.19

(a) EPCG authorization holder can apply for refixation of export obligation as given in para 5.4 (i) of FTP in ANF 5C.

(b) Deleted.

(c) For all EPCG authorizations, authorization holder should have fulfilled mandated (original or amended) block wise export obligation, till previous block to application date. In all such cases, refixed export obligation would be computed as under:

(% export obligation unfulfilled) x (8) x (duty saved on authorization issue-date )

(d) Deleted.

(e) There would be no change in average export obligation fixed or export obligation period of original authorization.

(f) Deleted.