Export Promotion Capital Goods (EPCG) Scheme Current Affairs, GK & News

Export Promotion Capital Goods (EPCG) Scheme

India had two variants of EPCG Scheme viz. Zero Duty EPCG for few sectors and 3% Duty EPCG for all sectors. On 5th June, 2012, a new Post Export EPCG Scheme was also announced which was notified on 18 February, 2013 by the CBEC. From April 2013, the government has merged Zero Duty EPCG and ..

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Relaxation in Export Promotion Capital Goods (EPCG) Scheme

Various procedures under the Export Promotion Capital Goods (EPCG) scheme have been relaxed by the commerce ministry so as to facilitate the ease of doing business and reduce compliance requirements. Under this scheme, the capital goods imports are allowed duty-free, subject to export laws. Overview: Under the scheme, the authorization holder or the exporter has ..