For Service Provider

EPCG scheme covers service providers. Name of Service provider(s) shall be endorsed on the EPCG authorization before installation of the capital goods in the premises.

Import of capital goods shall be subject to Actual User condition till export obligation is completed.

EO shall be fulfilled by the authorization holder through export of goods which are services rendered by him, for which the EPCG authorization has been granted.

EO under the scheme shall be, over and above, the average level of exports achieved by the applicant in the preceding three licensing years for the same and similar products within the overall EO period including extended period, if any; except for categories mentioned in paragraph 5.13(a) of HBP.

Such average would be the arithmetic mean of export performance in the preceding three licensing years for same and similar products.

Payment received in rupee terms for Services as notified in Appendix 3E shall also be counted towards discharge of export obligation under the EPCG scheme.

With a view to accelerating exports, in cases where Authorization holder has fulfilled 75% or more of specific export obligation and 100% of Average Export Obligation till date, if any, in half or less than half the original export obligation period specified, remaining export obligation shall be condoned and the Authorization redeemed by RA concerned.

However no benefit under para 5.21 of HBP shall be permitted where incentive for early EO fulfilment has been availed.

contact us for any support

logo
Logo
Enable registration in settings - general
Compare items
  • Total (0)
Compare
0
Shopping cart