New Delhi, April 13 -- Firms seeking to scale up and expand their footprint overseas are increasingly turning to Export Promotion Capital Goods (EPCG) scheme.
The scheme allows exporters to import capital goods at zero customs duty to support pre-production, production and post-production activities, with the objective of enhancing export competitiveness.
The EPCG scheme is administered by the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry.
Coverage and Eligibility
The EPCG scheme is applicable to manufacturer exporters (with or without supporting manufacturers), merchant exporters tied to supporting manufacturers, and service providers, including common service providers. Eligible applicants...