PUBLIC NOTICE No. 39 /(RE-2008) 2004-09 dated
04.07.2008
Amends Para 5.7.4 - Condition for Fulfillment of Export Obligation
In exercise of powers conferred under paragraph 2.4 of
the Foreign Trade Policy 2004-09, the Director General of Foreign Trade hereby
makes the following amendments in Handbook of Procedures, 2004-09 Vol.I (RE
2008). The following shall be added at the end of paragraph 5.7.4:
"Exports made against an EPCG licence/authorization, which have not been
redeemed, shall not be added up for calculating the average export performance
for the purpose of subsequent EPCG authorization."
The above provision shall be applicable to all EPCG licences issued on or after
1.4.2007.
This issues in Public Interest.( R.S. Gujral )
Director General of Foreign Trade and
Ex-Officio Additional Secretary to the Government of India
(Issued from F. No. 01/36/218/15/AM09/EPCG.I)
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