https://www.taxtmi.com/notifications?id=3249 Exemption from basic customs duty and an additional duty cap is granted for capital goods, components and specified spares imported under a valid EPCG licence, subject to production of the licence, execution of a bond to fulfil an export obligation (expressed as a multiple of the CIF value or on Net Foreign Exchange basis), adherence to a blockwise export schedule with periodic reporting, installation and certification of imported capital goods at prescribed premises, minimum import value thresholds, and payment of duties with interest proportionate to any unfulfilled export obligation; limited extensions, condonations and re export of defective goods are permitted under specified conditions. en-us Tue, 01 Apr 1997 00:00:00 +0530 Thu, 02 Jul 2020 18:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=3249 Exemption from basic customs duty and an additional duty cap is granted for capital goods, components and specified spares imported under a valid EPCG licence, subject to production of the licence, execution of a bond to fulfil an export obligation (expressed as a multiple of the CIF value or on Net Foreign Exchange basis), adherence to a blockwise export schedule with periodic reporting, installation and certification of imported capital goods at prescribed premises, minimum import value thresholds, and payment of duties with interest proportionate to any unfulfilled export obligation; limited extensions, condonations and re export of defective goods are permitted under specified conditions. Notifications Customs Tue, 01 Apr 1997 00:00:00 +0530 https://www.taxtmi.com/notifications?id=3249