DGFT allows Shifting of capital goods upon certain condition under EPCG-authorization

The Director General of Foreign Trade (“DGFT”) has issued a Public Notice No. 31/2015 – 2020 dated August 29, 2018 which allows the Export Promotion Capital Goods (EPCG) authorization holder to shift the capital goods imported during the entire export obligation period to their other units mentioned in IEC and RCMC subject to prescribed condition that production of fresh installation certificate to the concerned Regional Authority within 6 months of shifting of Capital Goods.

Public Notice can be accessed at: https://dgft.gov.in/sites/default/files/Pn%20No.31%20english.pdf

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