By Harsh Ashar July 15, 2023

DGFT allows a Condonation in Submission of Installation Certificate under EPCG Scheme

Installation Certificate is a mandatory document, that is required to claim the benefits of the EPCG Scheme (Export Promotion Capital Goods), it serves as a proof that the imported machinery under EPCG Scheme is installed at the location mentioned on the EPCG License. This Certificate has to be submitted to the concerned authorities within 6 months of the date of import.

DGFT has received many requests from EPCG License Holders to issue a relaxation in the timeline for submission of the installation certificate to the respective Regional Authorities.

After taking the issue in consideration, the DGFT issued a relaxation in the timeline for submission of Installation Certificate. The EPCG License holders who have obtained EPCG License under the Foreign Trade Policy of 2009-14 and 2015-2020 (which was extended till 31.03.2023) can submit installation certificates by 31.12.2023 with a payment of late fees of INR 10,000/- per license. The eligibility criteria for the same is as below:

The EPCG License should be issued under the Foreign Trade Policy 2009-14 and 2015-20.
The installation certificate was obtained in time but not submitted with concerned authorities
The EPCG License holders have valid reasons behind not submitting the installation certificate
The EPCG license of the holder is not under investigation by DGFT/Customs or any other investigating agency.

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