An EPCG License holder may source capital goods from domestic leasing company.

Related MCQs

• Import of capital goods under EPCG scheme is subject to
• License holder shall furnish following details of material being imported
• Specific export requirements under the EPCG scheme have been reduced from 90% of normal amount consideration to --------------of the normal amount consideration.
• Disposal of manufacturing wastes / scrap is allowed-----------, even before fulfillment of export obligation under Advance Authorization and EPCG Scheme
• The period of time permitted for the fulfillment of the export obligation under EPCG is
• Specific export requirements under the EPCG scheme have been reduced from 90% of normal amount consideration to --------------of the normal amount consideration.
• Export Promotion Capital Goods Scheme allows import of capital goods Free of import duty
• Export Promotion Capital Goods Scheme allows import of capital goods
• An important feature of Export License under which certain goods can be imported only by designated agencies. For an example, an item like gold, in bulk, can be imported only by specified banks like SBI and some foreign banks or designated agencies.
• DGFT may issue Advanced License, where SION does not exists, based on self declaration, based on :-