Export obligation under EPCG Scheme links duty-free capital goods imports to prescribed export performance and compliance. The EPCG Scheme permits import/procurement of specified capital goods at zero customs duty (with applicable IGST and Compensation Cess exemptions) subject to an Export Obligation (EO) equivalent to a multiple of duties, taxes and cess saved, to be fulfilled in the prescribed period; an Average Export Obligation (AEO) applies annually until EO completion, and EO may be fulfilled by exports, deemed exports, specified foreign exchange receipts and certain DTA supplies, with reduced EO and other concessions available in defined cases.