POLICY CIR NO. 86/2008, DT. 04/05/2009

Clarification regarding applicability of 36 months Export Obligation Period (EOP) under Duty Free Import Authorisation (DFIA) Scheme

Attention is invited to Public Notice Nos. 151 dated 26th February, 2009, 160 dated 6.3.2009, wherein the original Export Obligation Period (EOP) under the Advance Authorisation Scheme was increased to 36 months from the earlier original EOP of 24 months. Further, it was clarified vide Policy Circular No. 80 dated 13.4.09 that the said facility had been extended for all Advance Authorisations which are within 36 months from the date of issuance of the authorisation, as on 26-2-2009 or thereafter.

2. Now representations have been received from the Trade & Industry as to whether the aforesaid facility of EOP upto 36 months shall be available under Duty Free Import Authorisation (DFIA) Scheme as well.

2. Matter has been examined in detail. It is informed that since paragraph 4.64 of the HBP v1 related to “EOP and its extension under DFIA scheme” refers to paragraph 4.22, the facility of EOP upto 36 months, as stated in the aforesaid Public Notices and Policy Circular, is equally applicable under DFIA Scheme.

This issues with the approval of the Competent Authority.

Sd/-

(C. Gangadharan)
Dy. Director General of Foreign Trade
Tel: 011-2306 1562 / Ext. 250
E-mail: c.gangadharan@nic.in

(F. No. 01/94/180/09-10)/DFIA-EOP/AM 10/PC 4)

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