DGFT amends the procedures of monitoring of export obligation under Foreign Trade Policy, Hand Book of Procedure 2015-2020

Oct 16, 2020 | by Avantis RegTech Legal Research Team

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Finance & Taxation Compliance

The Directorate General of Foreign Trade (DGFT) on October 16, 2020 has amended Para 4.4 of the Foreign Trade Policy Handbook of Procedure 2015-2020 on monitoring of export obligation.  The amendment has introduced a new Para 4.44(g) namely:-

“For all Advance Authorisations, where Export obligation period is expiring or has expired between February 01, 2020 and October 31, 2020, as a one-time temporary measure, date of submission for EO fulfilment is extended upto December 31, 2020.”

[Notification No. 26/2015-2020]

 


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