Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can the value of an EPCG Licence be enhanced to enable import of spares after the period of validity for import of Capital Goods expires?

April 26, 2017Capital enable Enhanced epcg import licence period spares validity value

0

Posted

Can the value of an EPCG Licence be enhanced to enable import of spares after the period of validity for import of Capital Goods expires?

1 Answer

0

Posted

Yes, it can be enhanced anytime before the end of the export obligation period subject to the condition that the c.i.f. value of the spares shall not be more than 20% of the c.i.f. value of the Capital Goods.