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of <h1>New Scheme Lets Exporters Import Capital Goods, Earn Duty Credit Scrips for Future Use Under Foreign Trade Policy</h1> The Post Export EPCG Duty Credit Scrip Scheme allows exporters to import capital goods by paying applicable duties in cash and receive a duty credit scrip equivalent to the Basic Customs duty paid. This scrip is freely transferable and similar to those issued under Chapter 3 of the Foreign Trade Policy. Exporters must apply for authorization, which specifies conditions like installation and non-disposal of goods. Upon fulfilling specific and average export obligations, a duty credit scrip is issued, valid for 18 months, to offset duties on future imports. The scheme aligns with previous EPCG provisions unless inconsistent.
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