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<h1>Customs Duty Exemptions for Capital Goods under EPCG Scheme: Reduced Rates with Export Obligations.</h1> The notification outlines the customs duty exemptions for capital goods imported under the Export Promotion Capital Goods (EPCG) Scheme as per the EXIM Policy 1992-97. Importers can benefit from a reduced customs duty of 15% or 25% and no additional duty, provided they meet specific export obligations. Importers must present a valid license and execute a bond to ensure compliance. Extensions for fulfilling export obligations are possible, with special provisions for those affected by the 2001 Gujarat earthquake. In case of default, interest on duty payment is capped. The notification also defines 'capital goods' and relevant authorities.