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India eases compliance of capital goods imports for export promotion

03 Aug '24
2 min read
India eases compliance of capital goods imports for export promotion
Pic: Adobe Stock

Insights

  • The Indian government has eased compliance requirements for imports under the Export Promotion Capital Goods (EPCG) scheme.
  • Amendments to Chapter 5 of the Handbook of Procedures 2023, announced by the Director General of Foreign Trade (DGFT) in July 2024, extend the period for producing installation certificates from six months to three years.
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