Para 16.3
- Document type
- Policy
- Dated
Para 16.3 - EPCG Scheme
Agriculture exporters shall be eligible for the facility of EPCG scheme as described in Chapter-6 of the Policy. The export obligation shall be determined in accordance with paragraph 6.2 of the Policy but the licence holder shall not be required to maintain the average level of exports as specified in sub paragraph 6.5(v) of the Policy.
Such exporter shall have the facility to move or to shift the capital goods within the zone provided he maintains accurate record of such movements. However such equipments shall not be sold or leased by the licence holder. This facility shall also be available to service providers, setting up common infrastructural facilities such as sorting, grading, polishing, packaging, cold storage, transport equipment/ refrigerated vans, vapour treatment heat treatment plant, X-ray screening facility etc.
The units setup in the notified Agri Export Zone shall be entitled to the benefits available under the scheme. A service provider in the Agri Export Zone may import equipment under the EPCG scheme for supplying services to agri exports. The export obligation may be offset by the service provider by earning foreign exchange in lieu of services rendered.
(Pl. refer Appendix - 59 )
Such exporter shall have the facility to move or to shift the capital goods within the zone provided he maintains accurate record of such movements. However such equipments shall not be sold or leased by the licence holder. This facility shall also be available to service providers, setting up common infrastructural facilities such as sorting, grading, polishing, packaging, cold storage, transport equipment/ refrigerated vans, vapour treatment heat treatment plant, X-ray screening facility etc.
The units setup in the notified Agri Export Zone shall be entitled to the benefits available under the scheme. A service provider in the Agri Export Zone may import equipment under the EPCG scheme for supplying services to agri exports. The export obligation may be offset by the service provider by earning foreign exchange in lieu of services rendered.
(Pl. refer Appendix - 59 )