Import machinery with no customs duty, in return for exporting
EPCG (export promotion capital goods)
01 · What it is
Under the Export Promotion Capital Goods scheme of the Foreign Trade Policy 2023 a manufacturer can import capital goods without paying customs duty, and promises to export a set value over a set period.
02 · Who should check it
Manufacturers that export, or will, and need machinery from abroad
03 · What it can support
- Duty-free import of capital goods
- Authorisation from DGFT with an export obligation
04 · What may be required
- Import-Export Code (IEC)
- A plan to export the goods the machine will make
05 · Documents commonly requestedTick what you already have. 0 of 4 ready.
06 · Application route
Apply for an authorisation on the DGFT portal.
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