5.13 Exemption from maintenance of average export obligation
5.13 Exemption from maintenance of average export obligation (a) In case of export of goods relating to the following the EPCG authorisation holder shall not be required to maintain average export obligation: (i) Handicrafts, (ii) Handlooms, (iii) Cottage & Tiny sector, (iv) Agriculture, (v) Aqua-culture (including Fisheries), Pisciculture, (vi) Animal husbandry, (vii) Floriculture & Horticulture, (viii) Poultry, (ix) Viticulture, (x) Sericulture, (xi) Carpets, (xii) Coir, and (xiii) Jute (b) However, this exemption from maintenance of average export obligation shall not be allowed for import of fishing trawlers, boats, ships and other similar items. (c) Goods, excepting tools imported under EPCG scheme by sectors specified in sub-paragraph (a) above, shall not be allowed to be transferred for a period of five ...
5.21 ExportObligation Shortfall
RA concerned may condone short fall upto 5% in specific export obligation.
5.29 Green Technology Products
The Export Products covered under Paragraph 5.10 of FTP which provides for reduced export obligation of 75% for green technology products are: (i) Equipment for Solar Energy decentralized and grid connected products, (ii) Bio-Mass Gassifier, (iii) Bio-Mass/Waste Boiler, (iv) Vapour Absorption Chillers, (v) Waste Heat Boiler, (vi) Waste Heat Recovery Units, (vii) Unfired Heat Recovery Steam Generators, (viii) Wind Turbine, (ix) Solar Collector and Parts thereof, (x) Water Treatment Plants, (xi) Wind Mill, Wind Mill Turbine / Engine, (xii) Other Generating Sets - Wind powered, (xiii) Electrically Operated Vehicles – Motor Cars, (xiv) Electrically Operated Vehicles - Lorries and Trucks, (xv) Electrically Operated Vehicles – Motor Cycles/Mopeds, and (xvi) Solar Cells.
Union cabinet gives its nod for hike in import duty on sugar to 40%
The Dollar Business Bureau The Union Cabinet, chaired by the Prime Minister of India, on Wednesday, gave its nod for import duty hike on sugar from the current 25% to 40%. This move by the government comes a day after the government’s decision to ease norms for the export of sugar to the United States and the European Union. According to an official release, the government’s move to increase import duty on sugar is in view that it would prevent any imports in case of depreciation in the international prices of sugar. The government has further decided for the withdrawal of the ‘Duty Free Import Authorization (DFIA)’ scheme for sugar. A scheme under which the exporters would import duty-free, permissible ...
