Epcg Scheme0
केंद्र की योजनाएंSocial welfare & Empowerment

EPCG Scheme – Export Promotion Capital Goods

The Zero duty EPCG Scheme is available to exporters of electronic products. It allows import of capital goods for pre-production, production and post-production (including CKD/SKD thereof as well as computer software systems) at zero% customs duty, subject to an export obligation equivalent to 6 times of duty saved on capital goods imported under EPCG scheme, to be fulfilled in 6 years reckoned from Authorization issue-date.

Overview of Export Promotion Capital Goods (EPCG) scheme

NameExport Promotion Capital Goods Scheme
Also known asEPCG
Launched byGovernment of India
Launch year1 April 2015
Nodal MinistryMinistry of Electronics and Information Technology
SectorCentral sector scheme
Objectiveto facilitate import of capital goods for producing quality goods and services and enhance India’s manufacturing competitiveness.
Official websitehttps://www.dgft.gov.in/CP/?opt=epcg

Objective and Benefits of  Export Promotion Capital Goods (EPCG) scheme

•To incentivize fast track companies to accelerate exports, there is a provision for early redemption and in cases where Authorization holder has fulfilled 75% or more of specific export obligation and 100% of Average Export Obligation till date, if any, in half or less than half the original export obligation period specified , remaining export obligation shall be condoned. 

External links

Capital Good

https://en.m.wikipedia.org/wiki/Capital_good

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