EPCG Scheme
EPCG Scheme
Export Promotion Capital Goods (EPCG) scheme is a scheme which allows an exporter to import of capital goods including spares for pre-production, production and post-production at zero Customs duty, for exports.
Question: Who all are covered under the EPCG Scheme?
1. Manufacturer exporters with or without supporting manufacturer(s), 2. Merchant exporters tied to supporting manufacturer(s) and
3. Service Providers including Common Service Provider (CSP).
To apply for an EPCG scheme, an IEC is required. Other pre-requisites as mentioned in the Chapter 5 of Foreign Trade Policy and Hand book of Procedures