Extension in Export Obligation Period under EPCG scheme
Request for extension in EO Period shall be made to RA concerned within 6 months from the date of expiry of original EO period. However, RA may consider the request for extension received after 6 month, but within 8 years from the date of issue of authorization, with a late fee of Rs. 10,000/-. Application made beyond 8 years for regularization purpose, shall also be considered by RA concerned, with an additional late fee of Rs. 5000/- for each year per authorization. This fee is in addition to the composition fee that may be payable on account of shortfall in export obligation. However, EO extension, beyond 8 years from date of issue of authorization, shall not be allowed by RA under this provision.
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