Latest Updates > Amendments in Para 4.42 of the Handbook of Procedures 2015-2020.

Amendments in Para 4.42 of the Handbook of Procedures 2015-2020.

                                                                                         Government of India
                                                                              Ministry of Commerce & Industry
                                                                                Department of Commerce
                                                                            Directorate General of Foreign Trade
                                                                                Vanijya Bhawan, New Delhi 

      In exercise of powers conferred under Paragraph 1.03 and 2.04 of the Foreign Trade
Policy 2015-2020, as amended from time to time, the Director General of Foreign Trade
hereby makes the following amendments in the provisions of Para 4.42 of the Handbook of
Procedures 2015-2020:


(i) Under Para 4.42 ofHBP 2015-2020, a new sub-para (j) is added, as mentioned below:
4.42 Export Obligation (EO) Period and its Extension:


(j) For implementation of all PRC decisions involving levy of Composition Fee while
allowing extension in BOP and/or regularisation of exports already made, the applicable
Composition Fee shall be as prescribed hereunder:

Date: 28 Feb, 2023
Source: Public Notice


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