Condition for Fulfilment of Export Obligation

5.8.1

In respect of Authorisations, 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 Authorisation	Minimum export obligation to be fulfilled
Block of 1st to 10th year	50%
Block of 11th and 12th year	50%