Average Export Obligation under EPCG Scheme clarified, setting computation rules and permitted capital goods importability conditions. Notification prescribes computation of Average Export Obligation under the EPCG Scheme: exclude exports counted for fulfilling specific EOs within their valid periods in the preceding three years; for applicants with more than three years' existence, aggregate exports of the past three years divided by three; for less than three years' existence, divide by the number of years. Appendix 5F enumerates capital goods not permitted or permitted only subject to specific conditions, including sector- or use-specific permissions and explicit prohibitions such as second-hand capital goods and certain vehicles.
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Average Export Obligation under EPCG Scheme clarified, setting computation rules and permitted capital goods importability conditions.
Notification prescribes computation of Average Export Obligation under the EPCG Scheme: exclude exports counted for fulfilling specific EOs within their valid periods in the preceding three years; for applicants with more than three years' existence, aggregate exports of the past three years divided by three; for less than three years' existence, divide by the number of years. Appendix 5F enumerates capital goods not permitted or permitted only subject to specific conditions, including sector- or use-specific permissions and explicit prohibitions such as second-hand capital goods and certain vehicles.
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