EPCG Committee Approvals
Export Promotion Capital Goods (EPCG) Scheme, EPCG Committee Approvals
Introducing EPCG Advantage with Exim Consultants
Unlocking the potential for global competitiveness, Exim Consultants proudly presents the Export Promotion Capital Goods (EPCG) Scheme, a strategic initiative tailored to elevate India's export prowess. With a steadfast commitment to quality and innovation, we facilitate the seamless import of capital goods for the production of top-tier goods and services, enhancing India's standing in the global market.
Under the EPCG Scheme, Exim Consultants empowers businesses to import capital goods for pre-production, production, and post-production stages at zero customs duty. Alternatively, we extend the flexibility for procurement of capital goods from indigenous sources at zero duty, fostering a thriving ecosystem of domestic manufacturing.
Key Conditions and Benefits of EPCG with Exim Consultants:
- Project Imports Inclusion: Exim Consultants ensures that import of capital goods for Project Imports notified by the Central Board of Excise and Customs seamlessly integrates with the EPCG Scheme.
- Export Obligation Commitment: Embracing a vision of sustained growth, Exim Consultants mandates an export obligation equivalent to 6 times of duty saved on capital goods, to be fulfilled within 6 years from the date of Authorization issuance.
- Time-bound Authorization: Our EPCG Authorization offers a window of 18 months for import, providing businesses with ample flexibility to optimize their production cycles. Revalidation of EPCG Authorization is not required, ensuring a streamlined process.
- Duty Optimization: Exim Consultants mitigates the incidence of countervailing duty (CVD) by excluding it from the computation of net duty saved, provided CENVAT is not availed, thus maximizing cost efficiencies for our partners.
- Quality Assurance: Upholding uncompromising standards, Exim Consultants strictly prohibits the import of second-hand capital goods under the EPCG Scheme, ensuring that only state-of-the-art equipment fuels our partners' growth journey.
- Facilitated Approvals: For the import and export of restricted capital goods, Exim Consultants expedites the approval process by liaising with the Exim Facilitation Committee (EFC) at DGFT Headquarters, guaranteeing a hassle-free experience for our esteemed clients.
Experience a paradigm shift in export facilitation with Exim Consultants' EPCG Advantage. Empower your business to thrive in the global marketplace, backed by our unwavering commitment to excellence and innovation. Join us in shaping the future of Indian exports, one strategic partnership at a time.