EPCG & Advance License

[Guest]

I wanted to know the updated rates under EPCG and Advance license , the rate at which duty is exempted and the Export Obligation in each case.

Please reply asap.

Thank you.

[YAGAY andSUN]

Kindly check the Chapter 4 & 5 of the FTP read with HBP Vol.1 and Annual Supplements in this regard.

[Guest]

rate is dependant upon the product rate which is to be import. except CVD all duty is exempted in advance lic.

[Guest]

Thank you for the inputs. I was importing polymer, foil and MB and capital goods as well. So the duty on these raw materials is exempted?

[Guest]

whatever raw material / CG u want to import, must be there on the licenses.

AI Summary

Clarification on Duty Exemptions for Polymers and Capital Goods under EPCG and Advance License Schemes A user inquired about the updated duty exemption rates and export obligations under the EPCG and Advance License schemes. Respondents advised consulting specific chapters of the Foreign Trade Policy and noted that duty exemptions depend on the product being imported. One respondent clarified that all duties except CVD are exempt under the Advance License. The user mentioned importing polymers, foil, MB, and capital goods, and was informed that the exemption applies if these items are listed on the licenses.