Import of Capital Goods under EPCG Scheme for set-up of new Power plant

Import of Capital Goods under EPCG Scheme for set-up of new Power plant https://www.taxtmi.com/forum/issue?id=3660 Entitlement to the EPCG scheme for capital goods imported for a power plant is contingent on meeting the scheme's export obligation; applicability to captive consumption or sale of power depends on that requirement. The response indicates EPCG is linked to export obligations and that power projects may instead fall under other schemes or exemptions, with potential duty reversal, interest, and penalty consequences if EPCG conditions are not fulfilled. en-us Tue, 20 Dec 2011 09:29:13 +0530 Thu, 23 Jan 2025 15:58:10 +0530 TaxTMI RSS Generator Import of Capital Goods under EPCG Scheme for set-up of new Power plant https://www.taxtmi.com/forum/issue?id=3660 Entitlement to the EPCG scheme for capital goods imported for a power plant is contingent on meeting the scheme's export obligation; applicability to captive consumption or sale of power depends on that requirement. The response indicates EPCG is linked to export obligations and that power projects may instead fall under other schemes or exemptions, with potential duty reversal, interest, and penalty consequences if EPCG conditions are not fulfilled. Discussion-Forum Central Excise Tue, 20 Dec 2011 09:29:13 +0530 https://www.taxtmi.com/forum/issue?id=3660