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    <title>DGFT amends policy related to import of motor vehicles under EPCG Scheme</title>
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    <description>Import of motor cars, sports utility vehicles and all purpose vehicles under the EPCG Scheme is limited to hotels, travel agents, tour operators, tour transport operators and companies owning/operating golf resorts that meet a prescribed foreign exchange earnings threshold over the current and preceding three licensing years. The total &#039;duty saved&#039; on all EPCG licences for these vehicle imports in a licensing year shall not exceed fifty per cent of the average foreign exchange earnings from the specified sectors in the preceding three licensing years. Parts of such vehicles, including chassis, are excluded from import under the Scheme.</description>
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    <pubDate>Tue, 17 Jan 2006 00:00:00 +0530</pubDate>
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      <title>DGFT amends policy related to import of motor vehicles under EPCG Scheme</title>
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      <description>Import of motor cars, sports utility vehicles and all purpose vehicles under the EPCG Scheme is limited to hotels, travel agents, tour operators, tour transport operators and companies owning/operating golf resorts that meet a prescribed foreign exchange earnings threshold over the current and preceding three licensing years. The total &#039;duty saved&#039; on all EPCG licences for these vehicle imports in a licensing year shall not exceed fifty per cent of the average foreign exchange earnings from the specified sectors in the preceding three licensing years. Parts of such vehicles, including chassis, are excluded from import under the Scheme.</description>
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      <pubDate>Tue, 17 Jan 2006 00:00:00 +0530</pubDate>
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