https://www.taxtmi.com/acts?id=8609 The EPCG Scheme authorises import or indigenous sourcing of capital goods and permitted spares/tools/catalysts against a prescribed export obligation, applied for in ANF forms and validated by nexus/installation certificates. Authorisations bear a single port registration for imports; holders remain responsible for EO fulfilment even when leasing or using supporting manufacturers. EO is discharged in specified block proportions with prorata adjustment for under/over utilisation, monitoring by annual reports, recordkeeping obligations, and mechanisms for extension, reduction, refixation and redemption; non fulfilment attracts duty, interest and penal action. en-us Mon, 14 Apr 2008 13:54:41 +0530 Thu, 19 Apr 2012 18:27:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=8609 The EPCG Scheme authorises import or indigenous sourcing of capital goods and permitted spares/tools/catalysts against a prescribed export obligation, applied for in ANF forms and validated by nexus/installation certificates. Authorisations bear a single port registration for imports; holders remain responsible for EO fulfilment even when leasing or using supporting manufacturers. EO is discharged in specified block proportions with prorata adjustment for under/over utilisation, monitoring by annual reports, recordkeeping obligations, and mechanisms for extension, reduction, refixation and redemption; non fulfilment attracts duty, interest and penal action. Act-Rules DGFT Mon, 14 Apr 2008 13:54:41 +0530 https://www.taxtmi.com/acts?id=8609