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Page 2 - Epcg

Realisation of export proceeds not mandatory for drawback on re-exports

A licence or duty credit scrip obtained through misrepresentation is voidable but not void till it is cancelled

Realisation of export proceeds not mandatory for drawback on re-exports
Updated On : 27 Jul 2020 | 9:55 PM IST

Capital goods imported under EPCG scheme can be shifted to another unit

The RA may allow one time extension of the said period for producing the certificate by a maximum period of 12 months with a composition fee of Rs 5,000

Capital goods imported under EPCG scheme can be shifted to another unit
Updated On : 27 Aug 2018 | 11:12 PM IST

Don't dump EPCG scheme for now

At present, the basic duty rates on most capital goods is 7.5 per cent

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Updated On : 17 Apr 2017 | 1:02 AM IST