FTP – EOP – extension applicable for DFIA – DGFT clarifies
DGFT had extended the original Export Obligation Period (EOP) under the Advance Authorisation Scheme to 36 months from the earlier original EOP of 24 months.
It was clarified vide Policy Circular No. 80 dated 13.4.09 that the said facility had been extended for all Advance Authorisations which are within 36 months from the date of issuance of the authorisation, as on 26-2-2009 or thereafter.
Now DGFT clarifies that the facility of EOP upto 36 months is equally applicable under DFIA.
DGFT Policy Circular NO. 86 (RE-2008)/2004-2009 Dated: May 4, 2009