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information about EPCG ?

The objective of the EPCG Scheme is to facilitate import of capital goods for producing quality goods and services and enhance India’s manufacturing competitiveness.


EPCG Scheme


EPCG Scheme allows import of capital goods (except those specified in negative list in Appendix 5 F) for pre-production, production and post-production at zero customs duty. Capital goods imported under EPCG Authorisation for physical exports are also exempt from IGST and Compensation Cess upto 3.2018 only, leviable thereon under the subsection(7) and subsection (9) respectively, of section 3 of the Customs Tariff Act, 1975 (51 of 1975), as provided in the notification issued by Department of Revenue. Alternatively, the Authorisation holder may also procure Capital Goods from indigenous sources in accordance with provisions of paragraph 5.07 of FTP. Capital goods for the purpose of the EPCG scheme shall include:

  1. Capital Goods as defined in Chapter 9 including in CKD/SKD condition thereof,
  2. Computer systems and software which are a part of the Capital Goods being imported,
  3. Spares, moulds, dies, jigs, fixtures, tools & refractories and
  4. Catalysts for initial charge plus one subsequent
  • Import of capital goods for Project Imports notified by Central Board of Excise and Customs is also permitted under EPCG
  • Import under EPCG Scheme shall be subject to an export obligation equivalent to 6 times of duties, taxes and cess saved on capital goods, to be fulfilled in 6 years reckoned from date of issue of
  • Authorisation shall be valid for import for 18 months from the date of issue of Revalidation of EPCG Authorisation shall not be permitted.
  • In case Integrated Tax and Compensation Cess are paid in cash on imports under EPCG, incidence of the said Integrated Tax and Compensation Cess would not be taken for computation of net duty saved provided Input Tax Credit is not
  • Import of items which are restricted for import shall be permitted under EPCG Scheme only after approval from Exim Facilitation Committee (EFC) at DGFT
  • If the goods proposed to be exported under EPCG authorisation are restricted for export, the EPCG authorisation shall be issued only after approval for issuance of export authorisation from Exim Facilitation Committee at DGFT

By - dwarkadhish overseas
pu seperater

What Our Clients Says

They are very fast in getting work done. They resolved each and every query of ours. We were not aware of the export incentive they approached us and helped us to claim the incentives.

Baljeet Chawla

Trumen Technologies Pvt. Ltd.

Our IGST refunds were pending due to some errors Dwarkadhish approached us and helped getting refund as soon as possible. Even We have not met in personal they are doing all our GST work.

Sachin

Sidharth foods pvt. Ltd.

Mr. Sai Kiran approached us and told about the incentive benefits we were not aware of and they tried to claim that as soon as possible.

Shyam Sundar

Orient black swan pvt. Ltd.

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