Concessional import of capital goods requires fulfilment of a tied export obligation within prescribed terms. The EPCG Scheme permits concessional import of capital goods in exchange for an export obligation fixed as a multiple of duty saved, varying by category and tenure. Imports are under Actual User condition until obligations are met. Export obligations are fulfilled by the applicant's manufactured goods/services, count specified deemed exports and receipts, and may include domestic sourcing treated on notional duty saved. Special rules cover projects, retail sector, technological upgradation of EPCG machinery, CSP arrangements with apportioned guarantees, and reliefs for rehabilitated or fast track exporters.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Concessional import of capital goods requires fulfilment of a tied export obligation within prescribed terms.
The EPCG Scheme permits concessional import of capital goods in exchange for an export obligation fixed as a multiple of duty saved, varying by category and tenure. Imports are under Actual User condition until obligations are met. Export obligations are fulfilled by the applicant's manufactured goods/services, count specified deemed exports and receipts, and may include domestic sourcing treated on notional duty saved. Special rules cover projects, retail sector, technological upgradation of EPCG machinery, CSP arrangements with apportioned guarantees, and reliefs for rehabilitated or fast track exporters.
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