EPCG for Spares Explained

Most importers assume the EPCG Scheme applies only to capital goods machinery — but under the Foreign Trade Policy (FTP) 2023, its scope is much wider. EPCG also covers spares, moulds, dies, jigs, fixtures, tools, refractories, and catalysts, though these come with their own documentation, installation certificate timelines, and compliance requirements that differ from a standard capital goods import. In this video, you'll learn: - What items qualify under EPCG beyond machinery - How EPCG for spares differs from regular EPCG - The 3-year installation certificate rule - Documentation required under HBP 2023 Para 5.06 - Stock register and Chartered Engineer certification requirements - Export Obligation rules every importer should know Whether you're a manufacturer, importer, exporter, or EXIM professional, this guide will help you avoid costly compliance mistakes under the EPCG Scheme.