Export Promotion Capital Goods

EPCG Scheme allows import of capital goods for pre-production, production and post-production at Zero customs duty.

Alternatively, the Authorisation holder may also procure Capital Goods from indigenous sources. Import of capital goods shall be subject to Actual User condition till export obligation is completed.

BENEFITS

Exemption from the following duties:

• Basic Customs Duty.
• Additional Duty under sub-sections (1), (3) and (5) of Section 3 of the Customs Tariff Act.
• IGST (available upto 31.03.2019).

EXPORT OBLIGATION

Export obligation (EO) equivalent to 6 times of duties saved on import of Capital Goods to be fulfilled in 6 years from the date of issue of the Authorisation. EO shall be over and above the average level of exports achieved by the exporter in the preceding 3 licensing years.

Other Services:

• Application for Importer-Exporter Code (IEC)
• Bond Cancellation of Advance Licence
• Bond Cancellation of EPCG Licence