Business EconomyPosted at: Mar 7 2026 7:12PM


DGFT extends export obligation period for Advance, EPCG Authorisations

New Delhi, March 7 (UNI) The Directorate General of Foreign Trade (DGFT) has announced a facilitation measure for exports by extending the Export Obligation (EO) period for certain export promotion schemes, an official statement said here today.
DGFT has provided for automatic extension of the Export Obligation (EO) period or Block-wise EO fulfillment period up to August 31, for specified Advance Authorisations and Export Promotion Capital Goods (EPCG) Authorisations where the EO period is expiring between March 1 and May 31.
The step has been taken due to prevailing geopolitical developments impacting global shipping routes, logistics corridors and international supply chains.
The 'EO period' refers to a mandatory timeframe, typically 18 months for Advance Authorisation or six years for EPCG schemes, within which an exporter must fulfil their export commitments after importing duty-free raw materials or capital goods.
The relaxation applies to Advance Authorisations, including Advance Authorisation for Annual Requirement and Special Advance Authorisation, as well as EPCG Authorisations.
The extension shall be granted automatically, and exporters will not be required to submit any separate application or pay any composition fee to avail the benefit.
This measure has been introduced to provide additional operational flexibility to exporters facing disruptions arising from current geopolitical developments.
The extension granted under the Public Notice will be in addition to the existing provisions under the Foreign Trade Policy (FTP) and Handbook of Procedures (HBP).
It will allow exporters to seek EO period extensions upon payment of prescribed composition fees, the Ministry of Commerce statement added.
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Tags: #DGFT extends export obligation period for Advance# EPCG Authorisations
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