EPCG threshold application: sectoral reduced threshold applies only to annexed machinery; otherwise general threshold governs eligibility. The circular clarifies that Annexure II limits CVD exemption to the listed marine machinery, and Annexures III and IV confine the reduced lower threshold to the listed textile and chemical machinery; machinery not listed in those Annexures remains eligible for zero duty under the notification only if the general higher CIF value threshold is satisfied.
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.
EPCG threshold application: sectoral reduced threshold applies only to annexed machinery; otherwise general threshold governs eligibility.
The circular clarifies that Annexure II limits CVD exemption to the listed marine machinery, and Annexures III and IV confine the reduced lower threshold to the listed textile and chemical machinery; machinery not listed in those Annexures remains eligible for zero duty under the notification only if the general higher CIF value threshold is satisfied.
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