Export incentives for Importing

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Swapnil Jain (Querist)
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24 January 2023 Dear All
I am exporting some good from India to africa. The value is approximately 18 lakhs FOB. In near future I am going to import few machine for domestic use. Which benefits can I avail during import of machines. Please suggest

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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24 January 2023 Under the EPCG Scheme, Manufacturer exporter or a merchant exporter tied with a supporting manufacturer can import capital goods/machinery required for pre-production, production & post-production of export goods at 0% duty

Swapnil Jain

Swapnil Jain (Querist)
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24 January 2023 Dear Sir

I will be importing machine after few months, say after 8 export consignments. Can I avail the benefit of exports done before import of machines?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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24 January 2023 Yes, you can use the machine for future exports.

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