What is the procedure for EPCG license redemption?

What is the procedure for EPCG license redemption? epcg How EPCG Scheme works? The export promotion capital goods scheme can be availed on the import of capital goods during the pre-production, epcg DGFT has made a few amendments relating to the EPCG scheme under FTP 2015-20 Taxmann's Advisory Team has summarized the relevant

epcg Exporters can import capital goods at zero duty under the EPCG plan in exchange for a six-year export obligation worth six times the duty saved At least

epcg EPCG · Govt recovers Rs 852 crore under amnesty scheme for exporters · Govt needs to reduce import duties on inputs, capital goods to lessen need for export Working of EPCG License · Apply for EPCG License from DGFT · Clearly specify the export items to be manufactured using the imported machinerycapital goods