4.22
- Document type
- Procedure
- Dated
Export Obligation (EO) Period and its Extension
Export Obligation (EO) Period and its Extension
4.22
Fulfillment Period of EO under an Advance Authorisation shall commence from Authorisation issue date. EO shall be fulfilled within 24 months except in case of supplies to projects / turnkey projects in India / abroad under deemed exports category where EO must be fulfilled during contracted duration. In case of Spices [covered by Chapter 9 of ITC (HS)] and coconut oil, EO shall be fulfilled within 90 days from the date on which first import consignment is cleared by Customs Authorities. [OLD- In case of Spices {(covered by chapter 9 of ITC (HS)}, EO shall be fulfilled within 90 days from the date on which first import consignment is cleared by Customs Authorities.]
(Above third sentence has been substituted vide PN. NO. 06/2007, DT. 24/05/2007)
However, in case of import of spices for VA purpose like crushing / grinding / sterlisation or for manufacture of oils and oleoresins of pepper, cardamom and chillies and not for simple cleaning, grading, repacking etc., EO shall be fulfilled within 120 days from the date of importation of first consignment. In case of import of spices (other than pepper, cardamom and chillies) for manufacture of spice oils and oleoresins, EO shall be fulfilled within 12 months from the date of issuance of advance authorisation.
(Above Second sub-paragraph has been replaced by PN. NO. 60/2007, DT. 04/10/2007)
[OLD-
However, in case of import of spices for VA purpose like crushing / grounding / sterlisation or for manufacture of oils and oleoresins and not for simple cleaning, grading, re-packing etc., EO shall be fulfilled within 120 days.]
EO Period for import of drugs (with a specific export order and pre-import condition) and for import of tea shall be 6 months.
4.22
Fulfillment Period of EO under an Advance Authorisation shall commence from Authorisation issue date. EO shall be fulfilled within 24 months except in case of supplies to projects / turnkey projects in India / abroad under deemed exports category where EO must be fulfilled during contracted duration. In case of Spices [covered by Chapter 9 of ITC (HS)] and coconut oil, EO shall be fulfilled within 90 days from the date on which first import consignment is cleared by Customs Authorities. [OLD- In case of Spices {(covered by chapter 9 of ITC (HS)}, EO shall be fulfilled within 90 days from the date on which first import consignment is cleared by Customs Authorities.]
(Above third sentence has been substituted vide PN. NO. 06/2007, DT. 24/05/2007)
However, in case of import of spices for VA purpose like crushing / grinding / sterlisation or for manufacture of oils and oleoresins of pepper, cardamom and chillies and not for simple cleaning, grading, repacking etc., EO shall be fulfilled within 120 days from the date of importation of first consignment. In case of import of spices (other than pepper, cardamom and chillies) for manufacture of spice oils and oleoresins, EO shall be fulfilled within 12 months from the date of issuance of advance authorisation.
(Above Second sub-paragraph has been replaced by PN. NO. 60/2007, DT. 04/10/2007)
[OLD-
However, in case of import of spices for VA purpose like crushing / grounding / sterlisation or for manufacture of oils and oleoresins and not for simple cleaning, grading, re-packing etc., EO shall be fulfilled within 120 days.]
EO Period for import of drugs (with a specific export order and pre-import condition) and for import of tea shall be 6 months.