Capital goods import duty under EPCG Scheme set at reduced rate with export obligation multipliers and spares capped Capital Goods under EPCG (including jigs, fixtures, dies, moulds and spares) may be imported at 5% customs duty subject to an Export Obligation of five times CIF on FOB basis or four times CIF on NFE basis to be fulfilled over eight years from licence issuance; spares imports are restricted to 20% of the licence CIF value and NFE calculation follows paragraph 12.6 of the Policy.
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Provisions expressly mentioned in the judgment/order text.
Capital goods import duty under EPCG Scheme set at reduced rate with export obligation multipliers and spares capped
Capital Goods under EPCG (including jigs, fixtures, dies, moulds and spares) may be imported at 5% customs duty subject to an Export Obligation of five times CIF on FOB basis or four times CIF on NFE basis to be fulfilled over eight years from licence issuance; spares imports are restricted to 20% of the licence CIF value and NFE calculation follows paragraph 12.6 of the Policy.
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