Falcon assist you in getting a license for the Export Promotion of Capital Goods from DGFT. Therefore, get EPCG license scheme services which are performed by highly trained professionals. Consequently, being a custom clearing and freight forwarder, Falcon knows the exact steps you need to take to obtain certification. That is to say, we offer you a wide range of licensing services such as document compilation, and application preparation at highly competitive prices.
On the other hand, the EPCG scheme stands for Export Promotion Capital Goods. So, this is a scheme that allows an importer (which is an export-oriented business) to import capital goods with zero customs duty rates. For instance, this is to be done within 6 years of availing of the EPCG (Export Promotion Capital Goods) scheme. Above all, this scheme is according to the DGFT (Directorate General of Foreign Trade). Moreover, it aims to facilitate the import of capital goods for producing quality goods and services and increase India’s manufacturing competitiveness.
To clarify, Under the EPCG scheme in India, the capital goods for pre-production, production, and post-production can be imported at 0% customs duty. In addition, the scheme is also known as zero-duty EPCG (Export Promotion Capital Goods). So, the duty exemption also extends to IGST and compensation cess.
Further, we are providing you a quick and hassle-free EPCG license scheme services. So, the scheme comes with an export obligation in which the goods exported must be worth 6 times the value of duty saved and fulfilled within 6 years of the exporter’s EPCG (Export Promotion Capital Goods) license being issued. Meanwhile, this scheme is largely beneficial to exporters of basic chemicals and pharmaceuticals, engineering and electronic products, clothing and textiles, handicrafts, plastics, leather and leather products, chemicals, and related products.
At Falcon, our experienced team assists you in getting EPCG (Export Promotion Capital Goods) scheme benefits from DGFT (Directorate General of Foreign Trade) and Customs as well. Firstly, we explain to you the terms and conditions of the EPCG (Export Promotion Capital Goods) scheme with respect to export obligation, so that you don’t default in the future and make a well-informed decision. Further, we help you in preparing documents for the application for the EPCG license.
After that, obtaining the EPCG (Export Promotion Capital Goods) license from DGFT (Directorate General of Foreign Trade), we guided regarding the procedural requirement and compliances to be followed by the client after issuance of EPCG (Export Promotion Capital Goods) authorization. Subsequently, obtaining amendment, revalidation, or EOP extension for the EPCG (Export Promotion Capital Goods) license. Most importantly, getting a redemption letter from RAs (Regional Authorities) of DGFT (Directorate General of Foreign Trade) and release of Bond or BG (Bank Guarantee) after fulfilling the export obligation from customs.
In the end, we can help you to get licensing services from DGFT to Export Promotion Capital Goods. Call +91-9717360020 or email firstname.lastname@example.org for more information.
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Year of Establishment : 1989
Primary Business Type : Service Providers
Estimated Annual Sales (USD) : 2 to 5 Million