EPCG(Export Promotion Capital Goods Scheme) is a scheme in which one can import the capital goods which may be for pre-production, production or post production as well as computer software systems, spares parts, fixtures, dies, moulds at very concessional rate of custom at 0% in some sectors and 3.09% for all sectors whereas the normal custom duty is 23.895%. Thus this scheme saved at least 20% of the duty value on the import. This scheme is subject to the export obligation equivalent to 6 times or 8 times (sector wise) of duty saved in the time frame of 6/8 years. This scheme is for manufactures as well as vendors, service providers as well.
a type of scheme
Some of the merits are: preferential treatment is abolished i.e., everyone are treated alike. All employees are benefited by this scheme. No middle men are needed as the scheme reaches the employees directly. However some demerits are: there are technical problems and inefficiency in planning, Corruption increases and enormous deficits will arise.
equal results for all
Deec means duty exemption entitlement caerificate
typically make more of a good but at the expence of making less of another
rules for credit
The Export Promotion Capital Goods scheme (EPCG) that allows import of capital goods at 10 per cent customs duty. EOU is export oriented unit.
It is Export promotion Capital Goods Scheme. This scheme allows importer to import capital goods with paying custom duty. But the importer has to export 6/8 times of the value duty saved depending on condition laid down in the license.
export promotion capital goods
the government is offering few scheme for garment exporter such drawback / depb (duty entitalment pass book) scheme, the rate of rebate subject to change time to time as per dgft concern and the exporter can compete the foreign market by the help of it there are many other benefit from dgft for all products including garments, the scheme are vkuy/dfrc/deec/epcg are the beneficial scheme for more details call 9702538778 or mail to indravijay_solutions@yahoo.com
aim of antyodya scheme
The company devised a new marketing scheme to attract more customers to their website.
That scheme is really great. Do not invest in fraud Schemes.
Rhyme Scheme
this is a rectangular(tetradic)color scheme,also a square color scheme
The scheme was very succesful.
scheme is where you make plans