Policy circular on relief in average export obligation in terms of the para 5.19 of Hand Book of Procedures (HBP) of FTP 2015-20 (dated – 10.09.2021) – DGFT
View PdfPolicy circular on relief in average export obligation in terms of the para 5.19 of Hand Book of Procedures (HBP) of FTP 2015-20 (dated – 10.09.2021) – DGFT
- The para 5.19 of the HBP of the FTP 2015-20 extended up to 30.09.2021 envisages that to provide relief to exporters of those sectors where total exports in that sector/product group had declined by more than 5% as compared to the previous year the average export obligation for the year may be reduced proportionate to reduction in Preceding year.This implies that the sector/ product group that witnessed such declines in 2019-20 as compare to 2018-19 and 2020-21 as compared to 2019-20 would be entitled for such relief. Refer attached circular for annexures I & II. ETC.,
