NEW

5.8.1

In respect of licences, on which the value of duty saved is Rs.100 crore or more, the export obligation shall be fulfilled over a period of 12 years in the following proportion:-

Period from the date of issue of licence Proportion of total export obligation
Block of 1st to 5th year NIL
Block of 6th to 8th year 15%
Block of 9th and 10th year 35%
Block of 11th and 12th year 50%



OLD

5.8.1

In respect of licences of Rs.100 crore or more, the export obligation shall be fulfilled over a period of 12 years in the following proportion:-

Period from the date of issue of licence Proportion of total export obligation
Block of 1st to 5th year NIL
Block of 6th to 8th year 15%
Block of 9th and 10th year 35%
Block of 11th and 12th year 50%


Presented by Eximkey.com