What is Export Obligation under EPCG Scheme? EPCG scheme, as you all may know, allows duty-free import of capital goods/machinery for the production of high-quality export goods. EPCG scheme is introduced by the Government with a single aim to increase exports from India. Therefore, by giving this concession of zero duty import, GOI is assigning...
The RoDTEP scheme came into existence because the USA filed a complaint against India at the World Trade Organization (WTO). USA argued that export subsidies like MEIS scheme given by GOI gives undue benefits to Indian exporters and it is against the WTO rules. Consequently, India lost the case at WTO and the ruling was...
You are probably searching for RCMC (Registration Cum Membership Certificate) details on the internet because you have just started or want to start your new Export-Import Business. Let us tell you that you have taken a great step and we at Afleo Consultants sincerely hope that your new venture would be a great success. Now, there...
As we know the EPCG Scheme (Export Promotion Capital Goods Scheme) is for Duty-free import of Capital Goods/Machinery for producing high-quality goods and services. And the EPCG Scheme comes with the Export Obligation to export finished goods produced from imported capital machinery equal to 6 times of actual duty saved within a period of 6...
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