Government of India
Ministry of Commerce and Industry
Department of Commerce
(Directorate General of Foreign Trade)
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Udyog Bhawan, H-Wing, Gate No. 2,
Maulana Azad Road, New Delhi-110011
Tel. (EPBAX No.): 011-23061562
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Policy Circular No. 03/2015-20

Dated 21.11.2017


All Regional Authorities/All Customs Authorities/FIEO/EPCs/All Concerned

Subject: Relief in Average Export Obligation in terms of Para 5.19 of Hand Book of Procedures of FTP 2015-20.

Para 5.19 of the Hand Book of Procedures of FTP 2015-20 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 the sector/ product group that witnessed such decline in 2016-17 as compared to 2015-16, would be entitled for such relief.

2. A list of such product groups showing the percentage decline in exports during 2016-17 as compared to 2015-16 is Annexed.

3. All Regional Offices are requested to re-fix the annual average export obligation for EPCG Authorizations for the year 2016-17 accordingly. Reduction, if any, in the EO should be appropriately endorsed in the license file of the office of RA as also in the Amendment Sheet to be issued to the EPCG Authorization holder.

4. Regional Offices, while considering requests of discharge of Export Obligation will ensure that in case of shortfall in Export Obligation fulfillment, Policy Circulars earlier issued in terms of Para 5.11.2 of HBP 2009-14, and Para 5.19 of Hand Book of Procedure of FTP 2015-20 are also considered before issuance of demand notice etc. This stipulation should also form part of Check-Sheet for the purpose of EODC.

5. This issues with the approval of DGFT.

(Rajbir Sharma)

Joint Director General of Foreign Trade

Tel. No. +91 11 2306 1562 / Ext. 236


(Issued from File No. 01/36/218/79/AM-18/EPCG-I)

Enclosure: List of Product Groups which experienced a decline of more than 5% in exports in 2016-17 as compared to 2015-16 (18-Pages)

Download The Annexure

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One Comment

  1. myilsamy.P says:

    EPCG licence obtained FY 2015-2016
    main Export obligation 3Crore
    Annual Avarage fixed 153 Crore
    Main EO full filled during 2015-2016 & 2016-2017 and unable to met annual avarage due to global in FY 2015-2016 & 2016-2017 during the tenor no relief issued for HSN code 8481

    some one help to address the problem.

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