Policy Circular No- 08/2010 dated 24.12.2010
Operationalisation of provisions of Para 5.11.2 of Hand Book of Procedure Vol.-1
(2009-14)
Para 5.11.2 of the Hand Book of Procedure Volume -1 (HBP V-I) permits
re-fixation of Annual Average Export Obligation, in case the export in any
sector/ product group decline by more than 5%. This implies that for the
sector/product group that witnessed such decline in 2009-10 as compared to
2008-09, would be entitled for such relief. This matter was discussed in the
meeting of the Port Officers held on 3rd December, 2010 at Delhi.
2. A list of such product groups showing the percentage decline in exports
during 2009-10 as compared to 2008-09 is enclosed. All RAs are requested to
re-fix the annual average export obligation for EPCG Authorizations for the year
2009-10 accordingly.
This issues with the approval of DGFT.
File No.1/36/218/73/AM-11/Pol.V/EPCG-I
Sd/-
(Hardeep Singh)
Jt. Director General of Foreign Trade
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