Govt eases norms for certain sectors under Export Promotion Capital Goods scheme

Govt eases norms for certain sectors under Export Promotion Capital Goods scheme

In a relief to exporters from hotel, healthcare, and educational sectors, the government on Friday announced a one-time relaxation for them with respect to maintaining the average export obligation under the Export Promotion Capital Goods (EPCG) scheme. Under the scheme, imports of capital goods are allowed duty free, subject to an export obligation. The latest … Read more