Epcg scheme
This query is : Resolved
25 April 2012
As per Foreign Trade Policy 2009-2014, under EPCG scheme para 5.1 for zero rate of duty, we have an export obligation equal to 6 times the duty saved.
In this line the Export obligation is 6 times of the custom duty on imported goods or 6 times the CIF value of Capital goods?
In this line the Export obligation is 6 times of the custom duty on imported goods or 6 times the CIF value of Capital goods?
26 April 2012
6 times of custom duty on imported goods. check custom notification 102/2009 & 103/2009
Regards
CA CS Nikhil Bhansali
Regards
CA CS Nikhil Bhansali
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