Which of the following is not correct about EPCG scheme?

A. It enables the manufacturing exporter to import machinery and other capital equipment without paying custom duty or paying concessional custom duty

B. The exporter guarantees export to a minimum value which should be expressed in the multiple value of the capital goods that have been imported

C. It comprises of Zero Duty EPCG and Concessional 5% Duty EPCG

D. Under Zero Duty EPCG, the exporter is obliged to export where the export value is equal to the 6 times of duty saved on the capital goods that have been imported

Answer: Option C