ExamVeda
Login
Home
International Finance and Treasury
?

The period of time permitted for the fulfillment of the export obligation under EPCG is

Answer & Solution
Correct Answer: Option B
The period of time permitted for the fulfillment of the export obligation under EPCG is 8 years. Customs duty subject to an export obligation equivalent to 8 times of duty saved on capital goods imported under EPCG scheme to be fulfilled over a period of 8 years reckoned from the date of issuance of licence. Capital goods would be allowed at 0% duty for exports of agricultural products and their value added variants
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.