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Tag: Import of Spare Parts under EPCG Scheme

Clubbing of Exports Promotion Capital Goods (EPCG) Licenses

Introduction Clubbing of Exports Promotion Capital Goods (EPCG) Licenses The clubbing of Exports Promotion Capital Goods (EPCG) Authorisations is exactly what its name suggests, it is the clubbing of two or more EPCG authorisations. No, we are not talking about going to a club or partying over here. As...

Import of Spare Parts under EPCG Scheme

Import of Spare Parts under EPCG Scheme Introduction Import of spares, moulds, dies, jigs, fixtures, tools, Refractories & Catalysts are included in the Export Promotion Capital Goods (EPCG) Scheme. Applicant should specify the list of plant and machinery for which these items are required in the EPCG application. Applicant...

Export Obligation Period Extension of Zero Duty EPCG License

Export Obligation Period Extension of Zero Duty EPCG License About EPCG License The Export Promotion Capital Goods (EPCG) License acts as a ticket for the manufacturer exporters to import their Capital goods under Zero duty. A candidate can get an EPCG license from the Directorate General of Foreign Trade...

Procedure to Close EPCG License

Procedure to Close EPCG License Introduction The Exports Promotion Capital Goods (EPCG) Scheme was initiated by the government of India to enhance the picture of imports and exports in the country. The prime objective of the EPCG Scheme was to uplift the number of exports from India. The import...

What is the Average Export Obligation in the EPCG Scheme

About EPCG Scheme The term EPCG stands for Exports Promotion Capital Goods. It is a term that is most likely used in the business of exports and imports. EPCG Scheme is a scheme that lets a person import capital goods at zero customs duty. The main aim of the...

What is Third-Party Export in the EPCG Scheme

What is Third-Party Export in the EPCG Scheme About Third-Party Export EPCG authorization holder may export either directly or through a third party (ies). Third-party export refers to the export that is made by a manufacturer or an exporter on behalf of another manufacturer. So basically, a third-party export...