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 saved, based on all unutilized imported items as per Authorisation.

[DELETED-

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. ]

(Above 3rd sub-paragraph has been Deleted vide PN. NO. 135/2008, DT. 15/01/2009)

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.

For the advance authorization (erstwhile licences), where raw sugar has been imported between 21.09.04 and 15.4.08, but the export obligation is yet to be fulfilled, the export obligation period stands automatically extended upto 31.12.2009 without payment of composition fee. Against these advance Authorisations/licences, no further E.O. extension shall be allowed beyond 31.12.2009.

(Above provision has been replaced by PN. NO. 160/2008, DT. 06/03/2009)

[OLD-
For the advance authorization (erstwhile licences), where raw sugar has been imported between 21.09.04 and 15.4.08, but the export obligation is yet to fulfilled, the export obligation period stands automatically extended upto 31.12.2009 without payment of composition fee. Against these advance Authorisations / licences, no further E.O. extension shall be allowed beyond 31.12.2009.]

(Above last sub-paragraph has been amended vide PN. NO. 145/2008, DT. 17/02/2009)

[OLD- Whenever a ban / restriction is imposed on export of any product, export obligation period in respect of advance authorisation already issued prior to imposition of ban, would stand automatically extended for a period equivalent to the duration of ban, without any composition fee. ]

(Above sub-paragraph has been added vide PN. NO. 22/2008, DT. 02/06/2008)