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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 and enhance India s manufacturing competitiveness. 5.01 EPCG Scheme (a) EPCG Scheme allows import of capital goods (except those specified in negative list in Appendix 5 F) for pre-production, production and post-production at zero customs duty. Capital goods imported under EPCG Authorisation for .....

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(i) Capital Goods as defined in Chapter 9 including in CKD/SKD condition thereof; (ii) Computer systems and software which are a part of the Capital Goods being imported; (iii) Spares, moulds, dies, jigs, fixtures, tools & refractories; and (iv) Catalysts for initial charge plus one subsequent charge. (b) Import of capital goods for Project Imports notified by Central Board of Excise and Customs is also permitted under EPCG Scheme. (c) Import under EPCG Scheme shall be subject to an export o .....

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et duty saved provided Input Tax Credit is not availed. (f) Deleted. (g) Deleted. (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 .....

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l as changed supporting 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 fulfillment of EO of .....

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or a combination thereof, at the option of the CSP. 5.03 Actual User Condition Imported capital goods shall be subject to Actual User condition till export obligation is completed and EODC is granted. 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 gra .....

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ific EO shall be 25% less than the EO 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, supplies as specified in paragraph 7.02 (a), (b), (e), (f) & (h) of FTP shall also be counted towards fulfillment of export obligation, along with usual benefits available under paragraph 7.03 of FTP. (f) EO can also be fu .....

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LUT/Bond or 15% BG, as applicable, may be furnished for EPCG authorisation granted to units in Agri-Export Zones provided EPCG authorisation is taken for export of primary agricultural product(s) notified or their value added variants. 5.07 Indigenous Sourcing of Capital Goods 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 benefits under paragraph 7.03 o .....

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OR value. 5.09 Incentive for early EO fulfilment With a view to accelerating exports, in cases where Authorisation 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 and the Authorisation redeemed by RA concerned. However no benefit under Para 5.21 of HBP shall be permitted where incentive for early EO fulfil .....

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