Reduced-duty EPCG scheme permits concessional capital-goods imports with long-term export obligations and BG exemptions. The reduced-duty EPCG scheme allows concessional import of capital goods with an export obligation payable over eight years, exempts CVD, limits eligible imports to equipment necessary for manufacturing or service provision, permits relocation of imported machinery to endorsed vendors, contract farmers or service providers, and extends existing bank guarantee exemptions for status holders and partial exemptions for other exporters consistent with prior circulars.
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.
Reduced-duty EPCG scheme permits concessional capital-goods imports with long-term export obligations and BG exemptions.
The reduced-duty EPCG scheme allows concessional import of capital goods with an export obligation payable over eight years, exempts CVD, limits eligible imports to equipment necessary for manufacturing or service provision, permits relocation of imported machinery to endorsed vendors, contract farmers or service providers, and extends existing bank guarantee exemptions for status holders and partial exemptions for other exporters consistent with prior circulars.
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