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EXPORT PROMOTION CAPITAL GOODS (EPCG) SCHEME

Chapter 5 - Policy - Foreign Trade Policy - DGFT - Chapter 5 - CHAPTER 5 5.00 Objective The objective of the EPCG Scheme is to facilitate import of capital goods for producing quality goods and services to enhance India s export competitiveness. 5.01 EPCG Scheme (a) 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 in accordance with pro .....

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ted under EPCG Scheme. (c) Import under EPCG Scheme shall be subject to an export obligation equivalent to 6 times of duty saved on capital goods, to be fulfilled in 6 years reckoned from date of issue of Authorisation. (d) Authorisation shall be valid for import for 18 months from the date of issue of Authorisation. Revalidation of EPCG Authorisation shall not be permitted. (e) In case countervailing duty (CVD) is paid in cash on imports under EPCG, incidence of CVD would not be taken for compu .....

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(iv) Supply/export of electricity transmission services (h) Import of items which are restricted for import shall be permitted under EPCG Scheme only after approval from Exim Facilitation Committee (EFC) at DGFT Headquarters. (i) If the goods proposed to be exported under EPCG authorisation are restricted for export, the EPCG authorisation shall be issued only after approval for issuance of export authorisation from Exim Facilitation Committee at DGFT Headquarters. 5.02 Coverage (a) EPCG scheme .....

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rting manufacturer (s) and the Customs at port of registration of Authorisation. (b) also covers a service provider who is designated / certified as a Common Service Provider (CSP) by the DGFT, Department of Commerce or State Industrial Infrastructural Corporation in a Town of Export Excellence subject to provisions of Foreign Trade Policy/Handbook of Procedures with the following conditions:- (i) Export by users of the common service, to be counted towards fulfilment of EO of the CSP shall cont .....

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ereof, at the option of the CSP. 5.03 Actual User Condition Import of capital goods shall be subject to Actual User condition till export obligation is completed. 5.04 Export Obligation (EO) Following conditions shall apply to the fulfilment of EO:- (a) EO shall be fulfilled by the authorisation holder through export of goods which are manufactured by him or his supporting manufacturer / services rendered by him, for which the EPCG authorisation has been granted. (b) EO under the scheme shall be .....

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stipulated in Para 5.01. (d) Shipments under Advance Authorisation, DFIA, Drawback scheme or reward schemes under Chapter 3 of FTP; would also count for fulfillment of EO under EPCG Scheme. (e) Export shall be physical export. However, deemed exports as specified in paragraph 7.02 (a), (b), (e), (f) & (h) of FTP shall also be counted towards fulfillment of export obligation, alongwith usual benefits available under paragraph 7.03 of FTP. (f) EO can also be fulfilled by the supply of ITA-I it .....

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isation and registered with BIFR / Rehabilitation Department of State Government or any firm/ company acquiring a unit holding EPCG authorisation which is under BIFR / Rehabilitation, may be permitted EO extension for the EPCG authorisation(s) held by the acquired unit, as per rehabilitation package prepared by operating agency and approved by BIFR / Rehabilitation Department of State Government. If time-period upto which EO extension is to be granted is not specifically mentioned in the BIFR or .....

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oods and benefits to Domestic Supplier A person holding an EPCG authorisation may source capital goods from a domestic manufacturer. Such domestic manufacturer shall be eligible for deemed export benefit under paragraph 7.03 of FTP. Such domestic sourcing shall also be permitted from EOUs and these supplies shall be counted for purpose of fulfilment of positive NFE by said EOU as provided in Para 6.09 (a) of FTP. 5.08 Calculation of Export Obligation In case of direct imports, EO shall be reckon .....

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doned and the Authorisation redeemed by RA concerned. However no benefit under para 5.21 of HBP shall be permitted where incentive for early EO fulfilment has been availed. 5.10 Reduced EO for Green Technology Products For exporters of Green Technology Products, Specific EO shall be 75% of EO as stipulated in Para 5.01. There shall be no change in average EO imposed, if any, as stipulated in Para 5.04. The list of Green Technology Products is given in Para 5.29 of HBP. 5.11 Reduced EO for North .....

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