AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYYes
Other export incentive
In order to incentivise local procurement of capital goods, the export obligation under the Export Promotion Capital Goods (EPCG) has been reduced to 75% (from 90%) in case the capital goods are purchased domestically i.e.export obligation is reduced to 75% of what would be in case the capital goods are imported.
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