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of <h1>India Exempts Goods from Customs Duties Under EPCG Scheme with Conditions on Authorization, Import Timeline, and Export Obligations.</h1> The Indian government issued a notification exempting certain goods from customs duties under the Export Promotion Capital Goods (EPCG) Scheme, subject to specific conditions. These conditions include having a valid EPCG authorization, importing within 18 months, and fulfilling export obligations equivalent to six times the duty saved. Importers must not receive certain duty credit scrips and must provide a Nexus Certificate for capital goods. Goods cannot be transferred until export obligations are met. The notification also outlines conditions for sick units, technological upgrades, and specific exemptions for green technology products and regions like the northeastern states.
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