( EPCG ) Export Promotion Capital Goods Scheme
Objective: To offset high freight cost and other externalities to international markets with a view to enhance India's export competitiveness in select countries.
This scheme permits import of capital goods for pre-production, production and post production (including CKD / SKD as well as computer software systems) at 0% (zero pc) Customs duty.
Eligibility: Manufacturer exporters with or without supporting manufacturer(s) / vendor(s), and merchant exporters tied to supporting manufacturer(s) and service providers within following sectors;
Engineering & electronic products
Basic chemicals & pharmaceuticals
Apparels & textiles
Plastics
Handicrafts
Chemicals & allied products, and
Leather & leather products
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Additionally, the exports made under the following category can be counted towards fulfillment of export obligation imposed on EPCG Licence;
Shipments made under Advance Authorization, Duty Free Replenishment Certificate (DFRC), Duty Free Import Authorization (DFIA), Duty Entitled Pass Book (DEPB) or Drawback scheme, or any other incentive schemes.
Royalty payments received in freely convertible currency and foreign exchange received for R&D services
Payment received in rupee terms for port handling services
*All above subject to EXIM policy in force