We at Pahwa Impex (P) Ltd can help potential exporter to import the machinery under EPCG Scheme, close of file after completion of Exports, Release of Bank Guarantee from Customs.
The scheme allows import of Capital Goods for Pre-Production and Post-Production at Zero Custom Duty. The payment of IGST is also exempt (up to 31-03-2018)
The duty free import is subject to the condition of Export of 6 times of Duties saved in next 6 years.
The scheme applies to Manufacturer Exporters, Merchant Exporters tied to supporting manufacturer and service provider also.
Exporter using the scheme will provide Bank Guarantee to Customs for Duty saved amount.
Machine imported under the scheme, cannot be sold before completion of Export Obligation.
Domestic sourcing of machine under the EPCG scheme is also available.