EPCG scheme enables the import of capital goods that are used in the pre-production, production, and post-production without the payment of customs duty. This scheme has been the backbone of the boom in Indian exports since the time it was first introduced in the early 90s. As a direct benefit of this scheme exporters are able to bring in machinery that helps in the production of quality goods for export at low costs. On getting the license, manufacturers undertake an obligation to export goods of FOB value that is 6 times the duty saved. This Export Obligation (EO) has to be fulfilled within 6 years of obtaining the license. If the exporter using EPCG license also uses Advance Authorization(AA) license for importing inputs in the production process, the EO for AA will subsume the EO of EPCG license and no separate obligation is required to be fulfilled. We understand how important it is for your company to secure this license to save costs, hence, our experts work diligently to make sure all the formalities are carried out without any delay to help you make the most of this scheme.