Exporters should help EODC camps succeed

The DGFT has now brought into sharp focus the urgency to deal with the EODC applications quickly and get the statuses of the authorisations updated where the EODCs are issued

In a welcome move, the Direct­orate General of Foreign Trade (DGFT) has asked 11 of its Regional Offices (RO) to conduct EODC (export obligation discharge certificate) camps for two weeks starting from the 13th of next month. 

Under the advance authorisation (AA) scheme and the Export Promotion Capital Goods (EPCG) scheme, the exporters can import the inputs and capital goods required for export production without payment of duties by taking up certain export obligation (EO). The Customs usually clear the goods imported under AA and EPCG authorisations after taking bonds from the authorisation holders that they will fulfill the EO within