Export Promotion Capital Goods scheme: obligations for import-linked capital goods, adjustment mechanisms, and redemption procedures. The EPCG Scheme authorises import or indigenous sourcing of capital goods and permitted spares/tools/catalysts against a prescribed export obligation, applied for in ANF forms and validated by nexus/installation certificates. Authorisations bear a single port registration for imports; holders remain responsible for EO fulfilment even when leasing or using supporting manufacturers. EO is discharged in specified block proportions with prorata adjustment for under/over utilisation, monitoring by annual reports, recordkeeping obligations, and mechanisms for extension, reduction, refixation and redemption; non fulfilment attracts duty, interest and penal action.
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.
Export Promotion Capital Goods scheme: obligations for import-linked capital goods, adjustment mechanisms, and redemption procedures.
The EPCG Scheme authorises import or indigenous sourcing of capital goods and permitted spares/tools/catalysts against a prescribed export obligation, applied for in ANF forms and validated by nexus/installation certificates. Authorisations bear a single port registration for imports; holders remain responsible for EO fulfilment even when leasing or using supporting manufacturers. EO is discharged in specified block proportions with prorata adjustment for under/over utilisation, monitoring by annual reports, recordkeeping obligations, and mechanisms for extension, reduction, refixation and redemption; non fulfilment attracts duty, interest and penal action.
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