Epcg scheme

This query is : Resolved 

25 April 2012 As per Foreign Trade Policy 2009-2014, under EPCG scheme para 5.1 for zero rate of duty, we have an export obligation equal to 6 times the duty saved.

In this line the Export obligation is 6 times of the custom duty on imported goods or 6 times the CIF value of Capital goods?

26 April 2012 6 times of custom duty on imported goods. check custom notification 102/2009 & 103/2009

Regards
CA CS Nikhil Bhansali



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