5.13 — Block-wise Fulfillment of EO

• (a) The Authorisation holder under the EPCG scheme shall, while maintaining the average export obligation, fulfill the specific export obligation over the prescribed block period in the following proportions:

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----- Start of picture text -----<br> Period from the date of issue Minimum export<br>of Authorisation obligation to be fulfilled<br>Block of 1st to 4th year 50%<br>Block of 5th and 6th year Balance EO<br>----- End of picture text -----<br>

• (b) The Authorisation holder would intimate the Regional Authority on the fulfilment of the export obligation, as well as average exports, within three months of completion of the block.

• (c) Request for extension of Export Obligation period of first block shall be submitted within 6 months from the date of expiry of first block EO period along with composition fee as under :-

Duty Saved value of EPCG<br>Authorisation issued	Composition fee to be<br>levied (in Rupees)
Up to ₹2 Crores	5,000
More than ₹2 Crores to 10 Crores	10,000
Above ₹10 Crores	15,000

RA may consider the request for extension of block-wise EO period, received after 6 months, but within 6 years from date of issue of authorisation, with

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composition fee as under :-

Duty Saved value of EPCG<br>Authorisation issued	Composition fee to be<br>levied (in Rupees)
Up to ₹2 Crores	10,000
More than ₹2 Crores to 10 Crores	20,000
Above ₹10 Crores	30,000

Application made beyond 6 years, for extension of block-wise EO period for regularization purpose, shall also be considered by RA concerned, with composition fee as under :-

Duty Saved value of EPCG<br>Authorisation issued	Composition fee to be<br>levied (in Rupees)
Up to ₹2 Crores	15,000
More than ₹2 Crores to 10 Crores	30,000
Above ₹10 Crores	45,000

No refund of earlier paid Composition Fee shall be admissible.

Where EO of the first block is not fulfilled in terms of para (a) above, except in cases where the EO prescribed for first block is extended by the RA, the Authorisation holder shall, within 6 months from the expiry of the block, pay duties of customs (along with applicable interest as notified by DOR) proportionate to duty saved amount on total unfulfilled EO of the first block..

• (d) (i) Authorisations issued from 1st April, 2002 upto 31st August, 2004 shall be governed by provisions of paragraph 5.8 of HBP Vol.1 (RE-02) as amended from time to time.

(ii) Authorisations issued from 1st September, 2004 upto 17th April, 2013 shall be governed by provisions of paragraph 5.8 of HBP Vol.1 (RE-12) as amended till 17.04.2013.

(iii) Authorisations issued from 18th April, 2013 till issue of Notification of FTP 2015-20 shall be governed by provisions of paragraph 5.8 of HBP Vol. 1 as amended vide PN No. 1 dated 18.04.2013.

(iv) Authorisations issued from 1st April, 2015 till 4th December, 2017 shall be governed by provisions of paragraph 5.14 of HBP as amended vide PN No. 1 dated 01.04.2015.

i. Para 5.13(c) amended vide Public Notice No. 15/2024-25 dated 25.07.2024.

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(v) Authorisations issued from 5th December, 2017 till 31[st ] March 2023 shall be governed by provisions of paragraph 5.14 of HBP as amended vide PN No. 43 dated 05.12.2017.

• (e) Notwithstanding sub-para (d) above, sub-para (c) above shall also be applicable for authorisations issued under FTP (2015-20)