The Directorate General of Foreign Trade (DGFT) on March 21, 2025, notified regarding the EPCG Scheme - Relief in Average EO in terms of the para 5.17(a) of Hand Book of Procedures (HBP) of FTP, 2023.
The following has been stated namely: -
• It provides a list of product groups showing the percentage decline in exports during 2023-24 as compared to 2022-23.
• It states that all Regional Authorities shall re-fix the Annual Average EO for EPCG Authorizations for 2023-24 and appropriately endorse any reduction in the licence file and amendment sheet for the EPCG Authorisation holder.
• It states that Regional Offices shall ensure that any shortfall in EO fulfillment is assessed per relevant Policy Circulars before issuing demand notices or EODC, incorporating this stipulation in the EODC Check-Sheet.
Detailed notification is attached below.
[Notification no. – 11/2024-25]
