'Covid-19 vaccine imports will attract IGST'

The notification dated April 24, 2021 does not exempt IGST leviable on on import of oxygen, oxygen-related equipment and Covid-19 vaccines

We had obtained an EPCG authorisation in March 2016, i.e. in the year 2015-16. The stipulation of annual average exports was based on exports made during 2012-13, 2013-14 and 2014-15. In 2015-16, we could not achieve even the annual average exports, as the authorisation was issued in March 2016 and the capital goods were imported under the authorisation in the year 2016-17. Can we approach the EPCG committee to re-fix the annual average on the basis of exports made during 2013-14, 2014-15 and 2015-16?

You can approach the EPCG committee with your request, but I think you will have to be