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of <h1>DGFT Updates EPCG License Process: Self-Declaration for Duty Saved Up to Rs. 50 Crores; New Document Requirements.</h1> The Director General of Foreign Trade has amended the Handbook of Procedures (Vol. I) under the Export and Import Policy, 2002-07, regarding the issuance of EPCG Licenses. Applicants can apply for licenses with a duty saved amount up to Rs. 50 crores to the Regional Licensing Authority (RLA) based on self-declaration, subject to the final nexus fixation by the RLA. For amounts above Rs. 50 crores, applications must be submitted to the DGFT headquarters. The nexus will be finalized within two months, and failure to do so will result in the applied nexus being treated as final. Additional documents required include a Chartered Engineer Certificate and relevant licenses for pharmaceutical or other products.
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