DGFT
Did you know EPCG can cover spares, molds, dies, jigs and tools? Learn the specific requirements for these items.
This video covers EPCG Spares and explains how the scheme applies to spares, molds, dies, jigs, fixtures, tools, refractories, and eligible catalysts. It highlights how authorization details differ from regular capital goods imports, including the plant and machinery supported, duty saved amount, and export obligation. The discussion covers documentation, installation certification timelines, stock and usage registers, and the Chartered Engineer certificate required for closure. It also explains the six-times duty saved export obligation, six-year fulfillment period, and two-block structure. Exporters can understand the key compliance requirements before importing spares under EPCG.
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