India’s DGFT is introducing an automated facility for granting Export Obligation (EO) extensions under the EPCG scheme through the PRC/EPCG Committee, aimed at improving ease of doing business. The automation streamlines the approval process for exporters seeking extensions on their export obligations tied to capital goods imports under concessional duty. This is a procedural reform affecting customs and export licensing administration.
Official NewsDgftIn
India DGFT Automates Export Obligation Extension Process via PRC/EPCG Committee
Original: Introduction of Automated Facility for Grant of Export Obligation Extension through PRC/EPCG Committee – Ease of Doing Business