https://www.taxtmi.com/notifications?id=3337 Concessional customs treatment for capital goods imported under the EPCG Scheme reduces basic duty to specified ad valorem rates and exempts additional duty, conditional on a valid EPCG licence, licence particulars, production of the licence at clearance, bond execution certificate from the Licensing Authority, and a customs declaration to pay duty if conditions fail. The Table sets 25% duty for an export obligation of three times CIF over four years and 15% duty for four times CIF over five years for SKD/CKD capital goods, with provisions for limited spare parts and conditional extensions or condonation subject to Public Notice. en-us Mon, 28 Dec 1992 00:00:00 +0530 Mon, 06 Jul 2020 17:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=3337 Concessional customs treatment for capital goods imported under the EPCG Scheme reduces basic duty to specified ad valorem rates and exempts additional duty, conditional on a valid EPCG licence, licence particulars, production of the licence at clearance, bond execution certificate from the Licensing Authority, and a customs declaration to pay duty if conditions fail. The Table sets 25% duty for an export obligation of three times CIF over four years and 15% duty for four times CIF over five years for SKD/CKD capital goods, with provisions for limited spare parts and conditional extensions or condonation subject to Public Notice. Notifications Customs Mon, 28 Dec 1992 00:00:00 +0530 https://www.taxtmi.com/notifications?id=3337