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    <title>Regarding Exemption under the Export Promotion Capital Goods (EPCG)</title>
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    <description>Specified capital goods imported under a valid EPCG authorisation may be imported at zero customs duty (and exempted from additional duty when claimed) subject to conditions including registration at port, import within eighteen months, submission of a Nexus Certificate from an independent Chartered Engineer, non disposal until export obligation completion, execution of a bond or bank guarantee (CSPs requiring full bank guarantee), and fulfillment of an export obligation normally fixed at six times the duty saved on an FOB basis within six years, with prescribed blockwise proportions, reductions, and compliance, reporting and enforcement mechanisms.</description>
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