The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce & Industry, has announced a facilitation measure for exporters by extending the Export Obligation (EO) period for certain export promotion schemes, the release said.
Mumbai (Maharashtra) [India], October 4: The Government has imposed Quality Control Orders (QCOs) for various products that includes Manmade Fibre Textiles products such as Fibres and Yarns.
The sectors that are eligible for this relief are the hotel, healthcare and educational sectors. For the years 2020-21 and 2021-22, these sectors will not be required to maintain average export obligation for EPCG authorisations issued to them.