EPCG Licence
This query is : Resolved
16 March 2011
we are the manufaturers of machineries, i received one EPCG Licence from one of our customer. now what i have to do? what is EPCG Licence?
RAMESH KUMAR VERMA
(Expert)
16 March 2011
It is Export promotion Capital Goods Scheme.
This scheme allows importer to import capital goods with paying custom duty. But the importer has to export 6/8 times of the value duty saved depending on condition laid down in the license.
the exporter registered it from the custom, after getting the RLA.
Read more:
foreign trade policy2010-11
This scheme allows importer to import capital goods with paying custom duty. But the importer has to export 6/8 times of the value duty saved depending on condition laid down in the license.
the exporter registered it from the custom, after getting the RLA.
Read more:
foreign trade policy2010-11
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