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Procedure

5.11.3

Document type
Procedure
Dated

Automatic EO extension in the event of ban on export product

Automatic EO extension in the event of ban on export product

5.11.3

Whenever a ban/restriction is imposed on export of any product, export obligation period in respect of EPCG authorizations already issued prior to imposition of ban of such export products, would stand automatically extended for a period equivalent to the duration of ban, without any composition fee and exporter would not be required to maintain average E.O. as well for the ban period.

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