The Schemes under EPCH Schemes

   

What is Zero duty EPCG scheme?

Zero duty EPCG scheme allows import of capital goods for pre production, production and post production at 0% Customs duty, subject to an Export Obligation equivalent to 6 times of duty saved on capital goods imported under EPCG scheme, to be fulfilled in 6 years reckoned from Authorization issue-date.
The scheme covers the exporters of the following products and industries (subject to specified exclusions)

1)Engineering & electronic products 2)Basic chemicals & pharmaceuticals 3)Apparels & textiles 4)Plastics 5)Handicrafts
6)Chemicals & allied products 7)Leather & leather products 8)Paper & paperboard and articles thereof 9)Ceramic products 10)Refractories
11)Glass & glassware 12)Rubber & articles thereof 13)Plywood and allied products 14)Marine products 15)Sports goods and toys

Things to remember:

1) All other provisions pertaining to concessional 3 % duty EPCG scheme under this Chapter, to the extent they are not inconsistent with the above provisions of zero duty EPCG scheme, shall be applicable to the zero duty EPCG scheme also.
2) The Zero duty EPCG scheme will be in operation till 31.3.2012. 

What can you expect from us?

Planetexim provides assistance to the Exporters in assessing the feasibility of the scheme for exports or domestic supplies, planning for maximum benefits, documentation, application preparations, representation and coordination with DGFT and its offices till issuance of the authorisation.
In case of domestic procurement planetexim helps in getting necessary Invalidations from the authority, and the Refund of Terminal Excise Duty. Finally we also take up the job of Redemption / Discharge of Export Obligation and closure of the case.
Additionally planetexim also undertake matters of Nexus Establishment with EPCG Committee, Clarifications / Relaxations from DGFT, etc.
Planetexim provides assistance to the Exporters in assessing the feasibility of the 0 duty EPCG scheme for exports or domestic supplies, planning for maximum benefits, documentation, application preparations, representation and coordination with DGFT and its offices till issuance of the authorisation,also the list of product or industries under this 0% EPCG Scheme like plastics, handicrafts,chemicals & allied products,paper & paperboard and articles thereof,refractories, etc and detail on Export Obligation.