Tag: Top DGFT Consultants

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 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...

Procedure to Close Advance License About Advance License Scheme The Advance License Scheme was established by the government of India as a part of the Foreign Trade Policy to offer inputs and duty-free materials that are required to manufacture the export products. The government has previously launched various schemes...

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 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...

What is the EPCG Scheme for Import of Capital Goods? Let’s Learn About It (Service Industry) About EPCG Scheme The term EPCG stands for Export Promotion Capital Goods. The main aim of the EPCG Scheme is to ease out the way of import of capital goods. The EPCG scheme...

Here’s everything you need to know about the EPCG Scheme for Import of Capital Goods? (Manufacturing Industry) About EPCG Scheme The EPCG (Export Promotion Capital Goods) Scheme was designed to operate the import of capital goods for producing good quality products. It also looks forward to increasing the competitiveness...

Importer Exporter Code! Have you ever encountered the term IEC on Television, Newspapers, and thinking about what it means? Is it Independent Electoral Commission, Indian Economic Conclave, or Import- Export Code? Enrich providing the complete and basic guide about the importer exporter code is given. It would not only...

What is IEC? The Importer-Exporter-Code (IEC) is an important trade identification number that is mandatory for exports or imports. Nobody is allowed to import or export, except under an IEC number assigned by the DGFT. In the case of the import or export of services or technologies, the IEC...

Advance Authorisation Scheme and its Benefits in India. Import and Export is a wealthy field of business and if done right can make you millions, but it does have its drawbacks. The biggest setback is the rules/fees/authorizations, since you are doing business with another country, the Indian government has...