EODc stands for Export Obligation Discharge Certificate. It is a document received by an authorization holder (exporter) upon successfully fulfilling their export obligations.
Understanding the Export Obligation Discharge Certificate
The Export Obligation Discharge Certificate (EODC) is a crucial document in international trade, specifically related to export promotion schemes. Here's a breakdown:
- Purpose: It certifies that an exporter has met the required export obligations under a specific export scheme.
- Issuance: The EODC is issued by the respective regional authority under the Directorate General of Foreign Trade (DGFT) after the exporter applies in ANF 5B. According to the reference, this process was applicable as of November 29, 2022.
- Application: Exporters need to submit an application in the prescribed format (ANF 5B) to the relevant regional authority of the DGFT.
- Significance: The EODC serves as proof of compliance with export obligations and is essential for availing benefits under various export promotion schemes.
In summary, the EODC confirms that an exporter has satisfied the conditions related to exporting goods and is, therefore, compliant with the relevant trade regulations.
