The Importation of capital goods under the scheme of EPCG is subject to an export obligation which is equal to six times of duty saved. Export Promotion Capital Goods (EPCG) scheme is a scheme which allows an exporter to import of capital goods including spares for pre-production, production
EPCG (Export Promotion Capital Goods) Scheme helps in facilitating the import of capital goods for manufacturing quality goods. EPCG is intended for promoting exports and the Indian Government with the help of this scheme offers incentives and financial support.
In case of import of spares, the installation certificate is to be produced within three years from the date of import. In your case, the import is done only a couple of months back, hence there is no need for any immediate rush for the installation certificate.
Post Export EPCG Duty Credit scrip(s) shall be available to exporters who intend to import capital goods on full payment of applicable duties, taxes and cess in cash and choose to opt for this scheme.
