New deadline for Export Obligation extended till 31st August
By yash chouhan 2026-03-09 16:26:12
India extends EO period for advance and EPCG authorizations till August 31
India's Directorate General of Foreign Trade (DGFT) has recently announced extension of the Export Obligation (EO) period for certain export promotion schemes as geopolitical developments have impacted global shipping routes, logistics corridors and international supply chains.
DGFT has provided automatic extension of EO period or block-wise EO fulfillment period till August 31, 2026 for specified advance authorizations and export promotion capital goods (EPCG) authorizations where the EO period is expiring between March 1 and May 31 this year.
The extension will be granted automatically, and exporters will not be required to submit any separate application or pay any composition fee to avail the benefit.
A release from the Ministry of Commerce and Industry said the measure will provide additional operational flexibility to exporters facing disruptions.
The exemption applies to advance authorisations, including annual requirement and special advance authorisations, as well as EPCG authorisations.
The extension granted will be in addition to the existing provisions under the Foreign Trade Policy (FTP) and Handbook of Procedures, which allows exporters to seek EO period extension on payment of prescribed composition fee.
Regional officers of DGFT will verify compliance with EO requirements at the time of issuing EO Discharge Certificate, closure or regularization of the authority.