Friday, April 03, 2015

#ForeignTradePolicy2015-20#EPCG Reduced Export Obligation (EO) for domestic procurement under EPCG scheme:


Specific Export Obligation under EPCG
scheme, in case capital goods are procured
from indigenous manufacturers, which is
currently 90% of the normal export
obligation (6 times at the duty saved amount)
has been reduced to 75%, in order to
promote domestic capital goods
manufacturing industry