The Export Promotion Capital Goods (EPCG) Scheme aims to make it easier to import capital goods for the production of high-quality goods and services while also improving India's manufacturing competitiveness. The EPCG Scheme provides zero-duty imports of capital goods for pre-production, production, and post-production.
Capital goods utilised in the manufacture of items that are exported to other nations are known as export promotion capital goods. It contains both machines and spare parts. As a result, the commodity made in India must be exported outside of India to qualify as Export Promotion Capital Goods.
The exporter can import capital goods duty-free (zero customs duty) under the EPCG Scheme, but must export finished goods worth six times the actual duty saved value within six years. The EPCG Scheme's primary objective is to boost India's manufacturing competitiveness.
Many countries and regions employ export promotion to market their companies' goods and services abroad. This is beneficial to the trade balance and the economy as a whole. Export promotion can also include incentive packages to encourage more businesses to export.
The Export Promotion Capital Goods (EPCG) License, as the name implies, is designed to encourage exports. It permits the import of capital goods at a customs duty rate of 3% if an Export Obligation of eight times the duty saved is met within eight years of the Authorization's issuance date.
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This is just awesome course. I gained so much knowledge about Import-Export Business by learning this course.
LearnVern, you are doing an awesome job by teaching for free.
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Excellent Tutor Kunal Sir has a lot of knowledge about the topic
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AKASH KIRAN GURAV
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Detailed course 👍🏻
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Toibur rahman
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great content. make new updated course please
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Ketan Santosh Sawant
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Thank you so much LearnVern....😀And Specially kunal Sir
"This course offers knowledge that is not freely available on any platform. The entire course has been taught step by step, providing a comprehensive understanding."
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chauhan vijay
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What a course..... thank u so much for this opportunity...
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Raj kalariya
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The course content is excellent, attractive, and understandable. If there is a detailed PDF of the course content, then it will be very helpful for viewers to revise the content.
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Abhishek Bharti
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The course offers comprehensive content on the export-import process, including documentation, regulations, and logistics. The instructor is experienced, sharing practical insights alongside theory. Hands-on assignments add value, though more real-world projects could enhance learning. The certification is well-recognized, adding credibility to a resume. While resources and flexibility are strong, student support could be faster. Overall, it provides excellent value for those seeking to advance in international trade.
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prabhat sharma
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how many companies of import and export are hiring ? please provide the list and is it possible to start it without office as an individual ?
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