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EPCG scheme

From Indonesia
To India
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Nov 06, 2020

What is EPCG scheme in India?

1 answer

Nov 06, 2020

Export Promotion Capital Goods (EPCG) scheme enables import of capital goods and spares required for pre-production, production and post production at zero duty against export obligation (EO) equivalent to 6 times of the duty saved amount on the capital goods (CG) imported within EO period of 6 years (extendable by 2 years) from the date of issue of EPCG Authorization. A more favorable dispensation for EO is provided for export of specified green technology products as well as units located in North Eastern States, Sikkim and Jammu and Kashmir. At list 50% of EO must be filled within first block of 4 years.

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