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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.<\/p>\n\n\n\n

Overview of Export Promotion Capital Goods (EPCG) scheme<\/strong><\/h3>\n\n\n\n
Name<\/td>Export Promotion Capital Goods Scheme<\/td><\/tr>
Also known as<\/td>EPCG<\/td><\/tr>
Launched by<\/td>Government of India<\/td><\/tr>
Launch year<\/td>1 April 2015<\/td><\/tr>
Nodal Ministry<\/td>Ministry of Electronics and Information Technology<\/td><\/tr>
Sector<\/td>Central sector scheme<\/td><\/tr>
Objective<\/td>to facilitate import of capital goods for producing quality goods and services and enhance India’s manufacturing competitiveness.<\/td><\/tr>
Official website<\/td>https:\/\/www.dgft.gov.in\/CP\/?opt=epcg<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Objective and Benefits of  Export Promotion Capital Goods (EPCG) scheme<\/strong><\/h3>\n\n\n\n

\u2022To 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. <\/p>\n\n\n\n

External links<\/strong><\/h3>\n\n\n\n

Capital Good<\/p>\n\n\n\n

https:\/\/en.m.wikipedia.org\/wiki\/Capital_good<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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